Rural Enterprises and Agricultural Development Project (READP)

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Rural Enterprises and Agricultural Development Project

The project intends to contribute to rural economic development and poverty reduction by improving livelihoods, generating revenue and enhancing the living standards of target households through their engagement in profitable agribusiness and employment opportunities. It will support the country's efforts to modernize agriculture and improve food security and incomes of commercial and non-commercial farmers as well as of on- and off-farm enterprises.

Project activities will focus on the enhancement of economic opportunities and smallholder integration in value chains through three mutually-reinforcing sub-components:

  • development and implementation of pro-poor business plans based on the 4Ps approach;
  • development of farmers’ organisations through advisory services and financial support; and
  • development of the required infrastructure to support the pro-poor business plans

READP aims to promote the inclusion of very poor and poor non-commercial farmers, women and youth in selected value chains by developing ten clusters across the whole country. Direct beneficiaries include some 8,650 households; indirect beneficiaries, mainly from the project's infrastructure investments, are expected to be 5,000 households.

President's report:

Status: Ongoing
Country
Bosnia and Herzegovina
Approval Date
13 April 2018
Duration
2018 - 2026
Sector
Credit and Financial Services
Total Project Cost
US$ 34.06 million
IFAD Financing
US$ 14.5 million
Co-financiers (Domestic)
Local Government US$ 2.89 million
National Government US$ 5.2 million
Beneficiaries US$ 3.88 million
Private sector local US$ 7.59 million
Financing terms
Ordinary
Project ID
2000001813
Project Contact
Mikael Kauttu

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Environmental and social impact assessment

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Interim (mid-term) review report

Resettlement action framework

PCR digest

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Project list

Audit and Financial Statements

Project completion report

Co-financiers

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