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We know a thing or two about connecting youth with the financial services they need to start a business – but there’s always more to learn. Here, we reflect on some of our “lessons learned” as part of a recent grant programme in East Africa.

Ibtissèm’s career in the pharmaceutical industry was off to a strong start, but she put it on hold when her mother fell ill. Back in her hometown in central Tunisia, she needed a new way to support herself and her mother – and then she realized that her skills would serve her well in her town’s bustling dairy industry.

IFAD and UN Women were each working in rural China, helping women access new opportunities and gain an equal say in their communities. Then the two agencies decided to collaborate, opening up new ways to fulfil their respective mandates – rural development on one hand, and women’s empowerment on the other.

Back in early 2020, when the first waves of COVID-19 were spreading around the world, IFAD launched the RPSF as a multi-donor initiative to sustain rural people around the world during the pandemic. With the RPSF’s help, many were able to start small businesses – and today, those businesses are sustaining local economies and building resilience.