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Rural Financial Services and Agribusiness Development Project

Rural Financial Services and Agribusiness Development Project
 

The project is designed to reduce income poverty among poor rural people by helping to establish competitive commodity value chains. It will assist the government in creating market linkages and promoting access to a full range of appropriate financial services, and it will also provide support for market research and development, business development services and the creation of producer associations. The project will benefit poor men and women who have the potential to take advantage of improved access to assets and opportunities for agricultural production and related rural income-generating activities.

Specific project goals include:

  • improving the efficiency of agriculture related value chains
  • increasing poor rural people’s access to credit by supporting appropriate and affordable rural financial instruments
  • improving small-scale rural infrastructure to address bottlenecks that inhibit improvements in the assets and incomes of poor rural women and men

The project conforms to main strategic objectives set out in IFAD’s 2007 country strategic opportunities programme for the Republic of Moldova

Source: IFAD


Status: Closed

Approval Date

15 December 2010

Duration

2010 - 2016

Sector

Credit and Financial Services

Total Project Cost

US$ 39.28 million

IFAD Financing

US$ 19.79 million

Co-financiers (International)

Denmark US$ 1.31 million

Co-financiers (Domestic)

Domestic Financing Institutions US$ 1.77 million

Beneficiaries US$ 11.73 million

National Government US$ 1.52 million

Financing terms

Highly Concessional

Project ID

1100001562

Project Contact

Dina Saleh


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Supervision and implementation support documents

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Interim (mid-term) review report

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