Market for Village Farmers – Maket Bilong Vilis Fama (MVF)

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Market for Village Farmers Project - Maket Bilong Vilis Fama

Papua New Guinea is a relatively young state, having gained its independence in 1975. About 40 per cent of the population lives under the poverty line. Agriculture employs 80 per cent of the economically active population, but it is still predominantly subsistence-level rather than commercial agriculture.

The MVF aims to improve the livelihoods of farming households by facilitating their transition to market-oriented production and farming as a business. It will support the development of sustainable business partnerships, in which farmers will have secure and remunerative market options and buyers will obtain a reliable and consistent supply of vegetables and other fresh produce. The project will target six provinces of Papua New Guinea: Eastern Highlands, Western Highlands, East New Britain, Jowaka, Morobe and Simbu. Around 25,000 farming households (approximately 125,000 people) will directly benefit from the project's work.

 

President’s report

Proposed loan to the Independent State of Papua New Guinea for the Markets for Village Farmers Project – Maket Bilong Vilis Fama

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Status: Ongoing
Country
Papua New Guinea
Approval Date
14 September 2017
Duration
2017 - 2024
Sector
Marketing/Storage/Processing
Total Project Cost
US$ 47.23 million
IFAD Financing
US$ 25.5 million
Co-financiers (International)
Co-financiers US$ 4.22 million
Co-financiers (Domestic)
Other Government US$ 13 million
National Government US$ 2.85 million
Beneficiaries US$ 1.21 million
Financing terms
Blend
Project ID
2000000899
Project Contact
Ivan Ramiro Cossio Cortez

President's reports

Project design reports

Project design reports

Supervision and implementation support documents

Supervision and implementation support documents

Environmental and social impact assessment

Final environmental and social management framework

Resettlement action framework

Interim (mid-term) review report

Special study

PCR digest

Project list

Audit and Financial Statements

Project completion report

Co-financiers