Programme to Strengthen Sustainable Entrepreneurship and Support Economic Integration of Rural Youth - IFAD
Project
Programme to Strengthen Sustainable Entrepreneurship and Support Economic Integration of Rural Youth
Country
Madagascar
Sector
Agricultural Development
Approval Date
28 December 2022
Duration
2022 - 2031
Project ID
2000003989
The general objective of the Programme for Strengthening Sustainable Entrepreneurship and Economic Integration of Rural Youth (PROGRES) is to contribute to poverty reduction and the creation of employment opportunities in rural communities.
Its development objective is to promote inclusive and sustainable entrepreneurship, prioritizing youth, especially through the development of climate-resilient value chains.
The programme has three components:
- development of rural youth entrepreneurship;
- development of pro-poor food systems;
- institutional strengthening and management of the programme.
Additional Data
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Total Project Cost
US$ 120 million
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IFAD Financing
US$ 83.5 million
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Financing terms
lending-term.shc_hc
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Financing Gap
US$ 20 million
Co-financiers (Domestic)
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National Government
US$ 9 million
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Beneficiaries
US$ 4.5 million
Project Contact
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Joseph Rostand Olinga Biwole
