Skip to Content
X

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39194405

Rural Finance Sector Programme

Rural Finance Sector Programme

The programme was designed for implementation at the national level, but it initially affected a selected geographical area where poor people eke out a living through dryland farming and by migrating to other areas to work as seasonal or short-term labourers.

 

The programme’s objective is to enable poor rural people to improve their livelihoods by increasing their access to financial services. To help achieve this objective, IFAD supports the rural finance sector and the current government policy to reform rural credit cooperatives (RCCs). The aim is to turn the credit cooperatives into sustainable microfinance institutions for the benefit of poor rural people and women in particular. IFAD-funded rural development projects in China have demonstrated that RCCs are able to assist poor people if appropriate measures are properly designed and embedded in government policies. Once a proper policy environment is in place, the RCCs can play an important role in poverty-stricken areas of China.

 

The programme provides funds to pilot new policies, particularly in the microfinance sector. It underscores the importance of lending policies that provide better access to RCC loans, and of institutional and operational policies that increase the efficiency of institutions and contribute to financial sustainability. 

 

Source: IFAD


Status: Closed

Country

China

Approval Date

21 April 2004

Duration

2004 - 2010

Sector

Credit and Financial Services

Total Project Cost

US$ 21.29 million

IFAD Financing

US$ 14.67 million

Co-financiers (Domestic)

Domestic Financing Institutions US$ 6.21 million

Financing terms

Highly Concessional

Project ID

1100001227

Project Contact

Thomas Rath


categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39194405

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39194405

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39194405

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39194405

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39194405

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39194405

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39194405

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39194405

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39194405

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39194405

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39194405

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39194405