Rural Enterprises Programme - IFAD
Based on the good performance and results achieved in the second phase of the Rural Enterprises Project, the Ministry of Trade and Industry is now transforming the project into a programme covering all rural districts in Ghana, by mainstreaming it within the public and private institutional system.
REP will scale up activities designed to improve the target population's access to business development services; appropriate technology and skills; and financial services. REP also aims to create an enabling institutional, regulatory and policy environment for the growth of rural micro and small enterprises.
The programme targets the entrepreneurial poor who will be able to convert capacity-building support from REP into assets, with little or no additional support. The objective is to boost and improve the livelihoods of micro and small entrepreneurs. Specifically, REP seeks to increase the number of rural enterprises that generate profit, growth and employment opportunities.
Additional Data
-
Total Project Cost
US$ 265.79 million
-
IFAD Financing
US$ 86.5 million
-
Financing terms
Highly Concessional
Co-financiers (International)
-
African Development Bank
US$ 70.01 million
Co-financiers (Domestic)
-
Domestic Financing Institutions
US$ 6.22 million
-
National Government
US$ 25.11 million
-
Local Government
US$ 38.45 million
-
National Government (add)
US$ 17.28 million
-
Beneficiaries additional financing
US$ 2.53 million
-
Domestic Financing Institutions additional
US$ 4.93 million
-
Beneficiaries
US$ 13.85 million
Project Contact
-
Lakshmi Moola