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En Nahud Cooperative Credit Project

En Nahud Cooperative Credit Project

The project’s objective was to increase the income of farming households affected by drought and desertification. Key benefits have been the improvement of credit delivery, reinforcement of agricultural extension services and promotion of cooperative activities.

The project helped farmers organize cooperatives to manage credit. The participatory approach proved highly effective and has since been used as a model for other projects. The project also worked to improve conditions for agricultural production by addressing environmental degradation, improved water supply and inadequate farming practices.

Source: IFAD


Status: Closed

Country

Sudan

Approval Date

30 November 1988

Duration

1988 - 1998

Sector

Credit and Financial Services

Total Project Cost

US$ 16.7 million

IFAD Financing

US$ 9.5 million

Co-financiers (International)

Finland US$ 2.5 million

Co-financiers (Domestic)

National Government US$ 4.7 million

Financing terms

Highly Concessional

Project ID

1100000448


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