Rural Finance Expansion Programme

IFAD Asset Request Portlet

Asset Publisher

Rural Finance Expansion Programme

This programme aims to improve the livelihoods of poor rural households through enhanced access to financial services and sustainable economic growth. The primary target group encompasses economically active small and micro-entrepreneurs and smallholder farmers, with an emphasis on women and young people.

The objectives of the programme will be achieved through strategic partnerships, innovation and outreach. The strategic partnerships component aims to enhance the capacity of financial service providers to deliver demand-driven services in rural areas. The innovation and outreach component seeks to improve the efficiency and sustainability of rural financial services.

Measures to stimulate demand for financial services include, among others:

  • Helping beneficiaries participate in savings and credit activities to build their financial history
  • Encouraging savings to reduce vulnerability to fluctuations in income and food security
  • Establishing a ‘social fund' for consumption or emergencies
  • Developing value chains to include the target group.

Programme coverage is national, with specific target areas based on the outreach of financial institutions and service providers involved. Preference is given to areas not served, or underserved, by financial services.

Source: IFAD

Status: Ongoing
Approval Date
11 December 2013
2013 - 2023
Credit and Financial Services
Total Project Cost
US$ 35.57 million
IFAD Financing
US$ 8.42 million
Co-financiers (International)
Adaptation Fund US$ 9.25 million
Spanish Fund US$ 11.99 million
Co-financiers (Domestic)
Domestic Financing Institutions US$ 3.3 million
National Government US$ 2.61 million
Financing terms
Highly Concessional
Project ID
Project Contact
Philipp Baumgartner

President's reports

Project design reports

Project design reports

Project Design Report Region: East and Southern Africa

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

Project completion report




Stepping up rural finance to support smallholder farmers in Zambia

June 2020 - BLOG
The COVID-19 pandemic is creating disruption - but sometimes offers opportunities for innovative solutions for rural farmers.