Promotion of Rural Incomes through Market Enhancement Project - IFAD
Project
Promotion of Rural Incomes through Market Enhancement Project
Country
Egypt
Sector
Credit and Financial Services
Approval Date
13 December 2011
Duration
2011 - 2021
Project ID
1100001571
The project is designed to be implemented in seven governorates: Qena, Sohag, Assiut, Minya and Beni Seuf in Upper Egypt, and Beheira and Kafr el Sheikh in Lower Egypt.
The target group will include:
- smallholder households
- landless labourers with rudimentary education and no access to agricultural land
- unemployed youth
- women and female-headed households
- small- and medium-scale entrepreneurs.
The project's goal is to contribute to the reduction of rural poverty in Egypt. Specifically, it will seek to increase the incomes of 50,000 rural households by integrating them into the agriculture value chain.
In line with the IFAD Strategic Framework 2011-2015 and IFAD's COSOP for Egypt, the programme will focus on project management and coordination, marketing support and rural finance.
Additional Data
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Total Project Cost
US$ 108.22 million
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IFAD Financing
US$ 71 million
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Financing terms
Intermediate
Co-financiers (Domestic)
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National Government
US$ 7.55 million
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Beneficiaries
US$ 17.74 million
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Other Domestic
US$ 11.93 million
Project Contact
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Mohamed Abdelgadir Adam Ahmed
