Programme to Strengthening Sustainable Entrepreneurship and Economic Integration of Rural Youth (PROGRES)

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Programme to Strengthen Sustainable Entrepreneurship and Support Economic Integration of Rural Youth

The general objective of the Programme for Strengthening Sustainable Entrepreneurship and Economic Integration of Rural Youth (PROGRES) is to contribute to poverty reduction and the creation of employment opportunities in rural communities.

Its development objective is to promote inclusive and sustainable entrepreneurship, prioritizing youth, especially through the development of climate-resilient value chains.

The programme has three components:

  1. development of rural youth entrepreneurship;
  2. development of pro-poor food systems;
  3. institutional strengthening and management of the programme.
Status: Ongoing
Country
Madagascar
Approval Date
28 December 2022
Duration
2022 - 2031
Sector
Agricultural Development
Total Project Cost
US$ 120 million
IFAD Financing
US$ 83.5 million
Co-financiers (Domestic)
National Government US$ 9 million
Beneficiaries US$ 4.5 million
Financing Gap
US$ 20 million
Financing terms
lending-term.shc_hc
Project ID
2000003989
Project Contact
Joseph Rostand Olinga Biwole

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