Microfinance for Marginal and Small Farmers Project
The project was successful in introducing microcredit services targeted at small and marginal farmers, combined with technical support. During implementation (2005-2011), the project made a significant contribution to mainstreaming microlending for agricultural activities, with an option of lump-sum repayment. Moreover, good progress was made towards gender equality and women’s empowerment through microfinance interventions, social development, technical trainings and women’s mobilization. For these reasons, the project’s overall achievement is satisfactory. While the inclusion of marketing and business development support in the project was appropriate, there could have been better integration and synergy of this aspects with microfinance services and technical capacity-building.
10 February 2014