Wool and Mohair Value Chain Competitiveness Project - IFAD
Wool and Mohair Value Chain Competitiveness Project
Lesotho
Credit and Financial Services
12 September 2023
2023 - 2031
2000003942
Wool and mohair account for almost two thirds of Leotho’s agricultural exports. The raising of wool sheep and mohair goats contributes significantly to the livelihood of about 45,000 rural Basotho families and is concentrated in districts recording high levels of poverty.
Building on the Wool and Mohair Promotion Project, this project continues to work with 45,000 wool and mohair farmers to consolidate the outcomes of WAMPP and achieve deeper impacts.
The project aims to increase the economic and climate resilience of wool and mohair farmers and promote inclusive and sustainable economic growth and private sector-led job creation.
Additional Data
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Total Project Cost
US$ 72.64 million
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IFAD Financing
US$ 32 million
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Financing terms
Blend
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Financing Gap
US$ 20 million
Co-financiers (International)
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Global Environmental Facility
US$ 5.2 million
Co-financiers (Domestic)
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Beneficiaries
US$ 7.38 million
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National Government
US$ 8.06 million
Project Contact
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Edith Gathoni Kirumba
