Press Release No. IFAD/40/01
The President further added that the socio-economic and medical dynamics of HIV/AIDS require a highly coordinated response from different institutions that have traditionally not worked together. In reorienting IFADs ongoing programmes/portfolio to integrate HIV/AIDS concerns, IFAD will need to establish partnerships with other actors based on their areas of competence. As a first step, we have already entered into a partnership with the Secretariat of the Joint United Nations Programme on HIV/AIDS (UNAIDS) in order to facilitate access by IFAD and its borrowing partners to technical backstopping and information on HIV/AIDS. In relation to HIV/AIDS, IFADs experience in the area of microfinance serves as one form of social safety net support. In a programme in Uganda, implemented in collaboration with the Belgian Survival Fund, IFAD is providing support through a local non-governmental organization, the Uganda Womens Effort to Save Orphans (UWESO). Orphans and their foster families are being assisted in small-scale business initiatives and in vocational training. A pilot replication of this programme is being developed in Tanzania, using grant financing from the Japanese Government. Other IFAD programmes in Kenya, Mozambique, Rwanda, Swaziland and the United Republic of Tanzania are investing in strengthening local prevention capacities. IFAD
is a specialised agency of the United Nations with the specific
mandate of combating hunger and poverty in the most disadvantaged
regions of the world. Since 1978 IFAD has financed 584 projects
in 114 recipient countries and in the West Bank and Gaza for a total
commitment of approximately USD 7.2 billion in loans and grants.
Through these projects, about 250 million rural people have had
a chance to move out of poverty. IFAD makes the greater part of
its resources available to low-income countries on very favourable
terms, with up to 40 years for repayment and including a grace period
of up to ten years and a service charge of 0.75% per year. |
|


