Rural Financial Intermediation Programme III - IFAD
Rural Financial Intermediation Programme III
Ethiopia
Credit and Financial Services
29 November 2019
2019 - 2026
2000002344
The objective of the programme is to improve livelihoods and to reduce vulnerability and poverty through increased incomes and better risk management through financial and nonfinancial measures. This will be achieved through a nationwide network of more than 11,000 RUSACCOs, their secondary structures (the Unions) and 38 MFIs, with increased focus on marginalized areas.
The proposed target group consists of 50 per cent women and 10 per cent youth.
Additional Data
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Total Project Cost
US$ 300.61 million
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IFAD Financing
US$ 39.99 million
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Financing terms
DSF Grant/Highly Concessional
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Financing Gap
US$ 20 million
Co-financiers (International)
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European Union
US$ 14.22 million
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Alliance for a Green Revolution In Africa
US$ 1.5 million
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European Investment Bank
US$ 112 million
Co-financiers (Domestic)
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Domestic Financing Institutions
US$ 60 million
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National Government
US$ 51.95 million
Project Contact
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Mawira Chitima
