National Microfinance Support Programme

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National Microfinance Support Programme

National Microfinance Support Programme

The programme directly supports financial institutions under the guarantee of the central government. It has the aim of improving and expanding access to microfinance services for poor people in both rural and urban areas. It will help develop a more formal, extensive and effective microfinance sector on a national scale and it will support the development of sustainable microfinance institutions.

IFAD funding, which is restricted to rural and semi-rural areas, focuses on lending to third parties, usually self-help groups. The programme has leveraged an IFAD loan of US$22 million to access a grant fund of US$23.5 million and a total loan and equity fund of US$89 million. This programme also takes an innovative approach towards commercializing the microfinance sector.

Source: IFAD

Status: Closed
Approval Date
04 May 2000
2000 - 2009
Credit and Financial Services
Total Project Cost
US$ 134.03 million
IFAD Financing
US$ 21.96 million
Co-financiers (International)
United Kingdom: Department for International Cooperation US$ 23.54 million
Co-financiers (Domestic)
Domestic Financing Institutions US$ 88.52 million
Financing terms
Highly Concessional
Project ID
Project Contact
Mattia Mr Prayer Galletti

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Environmental and social impact assessment

Final environmental and social management framework

Interim (mid-term) review report

Resettlement action framework

PCR digest

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Audit and Financial Statements

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