Smallholder Agricultural Credit Project

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Smallholder Agricultural Credit Project

Smallholder Agricultural Credit Project

The IFAD-initiated project was supported by the World Bank. It instituted a coordinated, national smallholder credit system, which formed the basis for expansion to a system of rural finance that promotes savings and credit and considers the special credit needs of the poorest rural people.

The project introduced The Malawi Mudzi Fund, a pilot financial scheme for small-scale farmers, serving their needs for credit and savings and enabling them to engage in small, off-farm enterprises to improve their income.


Source: IFAD

Status: Closed
Approval Date
02 December 1987
1987 - 1994
Agricultural Development
Total Project Cost
US$ 14.24 million
IFAD Financing
US$ 6.71 million
Co-financiers (International)
World Bank: International Development Association US$ 5.92 million
Co-financiers (Domestic)
National Government US$ 1.61 million
Financing terms
Highly Concessional
Project ID

President's reports

Project design reports

Supervision and implementation support documents

Environmental and social impact assessment

Final environmental and social management framework

Interim (mid-term) review report

Resettlement action framework

PCR digest

Special study

Project list

Audit and Financial Statements

Project completion report