Employment-Generation Project for the Rural Poor

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Employment-Generation Project for the Rural Poor

Employment-Generation Project for the Rural Poor

This project worked to generate employment in rural areas to benefit landless people, women and potential microentrepreneurs. Specifically, the project:

  • ensured that loans tailored to the requirements and capacities of potential microentrepreneurs were available
  • enhanced local banks' capacity to deliver credit efficiently to microentrepreneurs
  • took advantage of every possibility to deliver credit to potential microentrepreneurs and to generate employment, using the services of suitable NGOs, private agents and intermediaries

During its seven years of operations, the project extended credit to more than 19,565 microentrepreneurs – more than double the number originally envisaged. The recovery rate of loans was close to 90 per cent, and a survey conducted by the Bangladesh Bank revealed that the income of 500 sample entrepreneurs who had received loans had increased by 90 per cent.

Source: IFAD

Status: Closed
Approval Date
12 April 1995
1995 - 2001
Credit and Financial Services
Total Project Cost
US$ 21.9 million
IFAD Financing
US$ 14.85 million
Co-financiers (Domestic)
Domestic Financing Institutions US$ 5.13 million
Beneficiaries US$ 1.93 million
Financing terms
Highly Concessional
Project ID

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