Rural Enterprises Programme (REP)

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Rural Enterprises Programme

Rural Enterprises Programme (REP)

Based on the good performance and results achieved in the second phase of the Rural Enterprises Project, the Ministry of Trade and Industry is now transforming the project into a programme covering all rural districts in Ghana, by mainstreaming it within the public and private institutional system.

REP will scale up activities designed to improve the target population's access to business development services; appropriate technology and skills; and financial services. REP also aims to create an enabling institutional, regulatory and policy environment for the growth of rural micro and small enterprises.

The programme targets the entrepreneurial poor who will be able to convert capacity-building support from REP into assets, with little or no additional support. The objective is to boost and improve the livelihoods of micro and small entrepreneurs. Specifically, REP seeks to increase the number of rural enterprises that generate profit, growth and employment opportunities

 

Source: IFAD


Status: Ongoing
Country
Ghana
Approval Date
15 September 2011
Duration
2011 - 2022
Sector
Credit and Financial Services
Total Project Cost
US$ 249.87 million
IFAD Financing
US$ 71.5 million
Co-financiers (International)
African Development Bank US$ 70.01 million
Co-financiers (Domestic)
Domestic Financing Institutions US$ 6.22 million
Beneficiaries US$ 13.85 million
Beneficiaries additional financing US$ 2.53 million
National Government US$ 25.11 million
National Government (add) US$ 17.28 million
Local Government US$ 38.45 million
Domestic Financing Institutions additional US$ 4.93 million
Financing terms
Highly Concessional
Project ID
1100001592
Project Contact
Hani Abdelkader Elsadani Salem

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