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Rural Poverty-Reduction Programme

Rural Poverty Reduction Programme

The project area covers four of the poorest provinces in the country. Almost all of the rural families are poor or very poor. Families have limited food supply and practically no cash income. Women are a significant part of the target group because they suffer from lower social and economic standing, although they tend to be better educated than men. The project particularly targets single women with young children who live in rural centres, where they comprise 15 per cent of the population.

The long-term goal of the project is to help reduce poverty sustainably among vulnerable families who live in an environment with increasingly degraded natural resources.

The project's overall objectives are to:

  • help herders and farmers increase production in a sustainable manner
  • help people increase cash income
  • offer increased access to economic and social resources such as basic financial services, education and health care

Source: IFAD


Status: Closed

Country

Mongolia

Approval Date

05 September 2002

Duration

2002 - 2011

Sector

Rural Development

Total Project Cost

US$ 19.08 million

IFAD Financing

US$ 14.81 million

Co-financiers (Domestic)

Domestic Financing Institutions US$ 1.58 million

National Government US$ 2.69 million

Financing terms

Highly Concessional

Project ID

1100001205


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