IFAD in Turkey
The International Fund for Agricultural Development (IFAD) supports the Turkish Government’s poverty-reduction policy, which gives priority to the development of economically depressed regions. In remote areas, particularly in mountainous regions, the lack of physical and social infrastructure, such as roads, schools and hospitals, exacerbates the isolation of rural people.
IFAD–funded projects help rural poor people overcome economic, physical, intellectual and social isolation. IFAD loans support projects that help rural poor people, particularly women, improve their living conditions and overcome poverty.
Enabling the rural poor to overcome their poverty
Through low-interest loans and grants, it develops and finances programmes and projects that enable poor rural people to overcome poverty themselves.
IFAD and NGOs - Dynamic partnership to fight rural poverty
Farmer Agricultural Credit Project in Bangladesh.
In 1976, an NGO, led by Professor Mohammed Yunus of Chattagong University, started an innovative
approach to credit delivery to the rural poor, especially to women and the landless, in a single village. The formation
and training of small groups through which loans were provided was a central feature of the initiative.
Mobile credit officers brought the service to the villagers, and effective supervision of loan recoveries ensured
repayment rates of close to 98%.