Rural Enterprise Transformation Project

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Rural Microenterprise Transformation Project

The project goal is to sustainably increase the income, food security and nutrition of marginal and small farmers and microentrepreneurs across selected valuechains. The development objective is the sustainable growth of selected rural commodity value chains with comparative advantages, market demand, growth potential and backward linkages to small farmers and microentrepreneurs.

The project will target the following groups: (i) ultra-poor households, (ii) transitional poor households, and (iii) enterprising poor. The majority of the direct beneficiaries under the financial services component will be women as recipients of PKSF loans. Youth will be targeted both directly (as producers and private extension providers trained by the project) and indirectly (through wage employment).

Status: Ongoing
Country
Bangladesh
Approval Date
12 September 2019
Duration
2019 - 2025
Sector
Credit and Financial Services
Total Project Cost
US$ 200 million
IFAD Financing
US$ 81 million
Co-financiers (International)
Denmark US$ 8.3 million
Co-financiers (Domestic)
Palli Karma-Sahayak Foundation US$ 12.96 million
Private sector local US$ 96.86 million
Financing terms
Blend
Project ID
2000002356
Project Contact
Rasha Omar

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