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Rural Enterprises Programme

Rural Enterprises Programme (REP)

Based on the good performance and results achieved in the second phase of the Rural Enterprises Project, the Ministry of Trade and Industry is now transforming the project into a programme covering all rural districts in Ghana, by mainstreaming it within the public and private institutional system.

REP will scale up activities designed to improve the target population's access to business development services; appropriate technology and skills; and financial services. REP also aims to create an enabling institutional, regulatory and policy environment for the growth of rural micro and small enterprises.

The programme targets the entrepreneurial poor who will be able to convert capacity-building support from REP into assets, with little or no additional support. The objective is to boost and improve the livelihoods of micro and small entrepreneurs. Specifically, REP seeks to increase the number of rural enterprises that generate profit, growth and employment opportunities

 

Source: IFAD


Status: Ongoing

Country

Ghana

Approval Date

15 September 2011

Duration

2011 - 2022

Sector

Credit and Financial Services

Total Project Cost

US$ 249.87 million

IFAD Financing

US$ 71.5 million

Co-financiers (International)

African Development Bank US$ 70.01 million

Co-financiers (Domestic)

Domestic Financing Institutions US$ 6.22 million

Beneficiaries US$ 13.85 million

Beneficiaries additional financing US$ 2.53 million

National Government US$ 25.11 million

National Government (add) US$ 17.28 million

Local Government US$ 38.45 million

Domestic Financing Institutions additional US$ 4.93 million

Financing terms

Highly Concessional

Project ID

1100001592


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