| Project ID: 1267
Executive Board Document:EB-2003-80-R-29-REV-1
Rural Finance Support Programme
The development goal of the project is to contribute to economic
growth and poverty alleviation by improving the livelihoods of poor
rural households and viability of enterprises in rural areas of
Mozambique. Central to achieving this goal, as programme objectives,
RFSP would aim to improve the sustainable access to financial services
by poor individuals, vulnerable groups and emerging enterprises
in rural areas and create a positive and conducive institutional
and policy environment for the development and sustainable provision
of rural financial services improving the economic opportunities
and income of the poor. The programme's four components will work
at the policy, organizational and community level. At the policy
level, the programme will support continuous dialogue among stakeholders
by setting up a rural finance forum. In addition to improving the
macroeconomic environment for rural finance, the programme will
directly assist poor rural households through enhancing income-generating
activities; financing investments, better inputs and rural enterprises;
and increasing their assets and savings.
Loan Amount:
SDR 6.65 million (approximately USD 9.5 million) on highly concessional
terms
Total project cost: estimated at USD 34.3 million, of which
beneficiaries will provide about USD 275 000; AfDB USD 16.4 million;
the African Development Fund (AfDF) USD 5.4 million, domestic financing
institutions USD 832 000 and national Government USD 1.9 million.
Cooperating Institution:
UNOPS
Project ID: 1184
Executive Board Document: EB-2001-73-R-16-Rev-1
Sofala Bank Artisanal Fisheries Project
The project will assist fishermen to diversify their fishing techniques
as a means of increasing both their production and their incomes;
it will encourage them to reduce post-catch losses and add value
to their produce through improved processing techniques; and it
will improve their linkages with both input suppliers and produce
markets. At the same time, the sustainability of the fisheries resources
will be promoted through support for data collection and for community-based
co-management systems. The project will ensure the availability
of financial services that have proved to respond to the needs of
fish traders, fishermen and other members of the fisheries communities.
The community development component will empower communities to
take control of the planning, implementation and management of their
own development activities; the provision of social infrastructure
in the fishing communities will improve the living conditions there;
and the health care programme will increase the capacity of communities
to identify and manage their major health problems and improve their
health status. The rehabilitation and maintenance of access roads
crucial to the fishing communities will not only help expand the
fish trade but also provide a broader stimulus to the local economies.
Finally, the project will support the development of a legislative,
policy and strategic framework, better suited to the challenges
and opportunities currently facing artisanal fishermen.
Within the project area, there are some 290 coastal fishing communities
with a total population of approximately 500 000. All are expected
to benefit directly or indirectly from the project. Within these
communities, there are estimated to be over 26 000 fishers and their
families, for a total of around 130 000 people, who represent the
primary beneficiaries of the project. In addition, an estimated
2 300 fish traders plus a large number of fish processors, boat
builders, craftsmen and artisans, and other economically active
groups within the coastal communities, also stand to benefit from
the project, as will many families that provide labour along the
access roads rehabilitated by the project. Women are expected to
benefit particularly from the support for savings and credit groups,
community health services and the provision of improved domestic
water.
According to a range of social and human indicators, the three
provinces within the project area (Nampula, Sofala and Zambezia)
are among the poorest in the country. Within those provinces, the
fishing communities can be assumed to be among the worst off. First,
they are poor because they are isolated, largely cut off from, and
have few contacts with, the larger economy. They lack communications,
as well as social infrastructure such as clean water supplies, health
facilities and schools. Second, the ability of fishermen to generate
an income is constrained by their lack of fishing equipment and
finance to purchase it, and of access to equipment suppliers; by
non-optimal fishing techniques; by (often illegal) competition for
the same resources from the semi-industrial fleet; by poor fish
processing techniques; and by lack of access to markets, which means
that they are unable to realise the full value of their produce.
Third, both fishermen and other community members are poor because
they lack the knowledge, skills and organization necessary to manage
their social and economic activities in an effective and dynamic
manner.
Loan amount:
SDR 14.00 million (equivalent to approximately USD 18.00 million)
Total project costs are estimated at USD 30.58 million
of which Norwegian Agency for International Development (NORAD)
will contribute USD 5.82 million and Belgian Survival Fund (BSF)
USD 3.39 million
Cooperating Institution:
United Nations Office for Project Services (UNOPS)
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