Factsheets

In Syria, a sanduq – a local microfinance institution owned and managed by its members – provides much needed loans to poor rural people, with particular attention to women.

In Somalia, much-needed sources of underground water were identified by using advanced geophysical surveys in those same areas where previous trial-and-error drilling had delivered no results.

In Armenia, Macedonia and Moldova, low-cost refinancing capital makes rural investments attractive and profitable for local banks, and reduces rural poverty by stimulating economic growth.

In Macedonia, IFAD trained individuals to become agricultural advisors and assisted them in establishing private companies that today operate in the market for agricultural development services.

In Jordan, the success of a project co-funded by IFAD largely rested on how quickly rural women were able to learn about borrowing money and setting up and running their own small enterprises.