Financing microenterprises led by women

In Yarmouk – a region in the north of Jordan next to the border of Syria – arid land, chronic water shortages and deteriorating natural resources have increased hunger and poverty.

IFAD, the OPEC Fund for International Development (OFID) and the Abu Dhabi Fund launched a project to address these conditions and to enhance food security and increase incomes.

The project paid considerable attention to women, first by actively promoting the inclusion of households headed by rural women. And, more innovatively, by establishing within the Agriculture Credit Corporation (ACC) an income-generating line of credit that provides mediumterm loans to help rural women develop on-farm and off-farm microenterprises.