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Rural Resilience Project

The project seeks to improve the well-being of the poor rural population through strengthened resilience and enhanced economic opportunities by improving their skills for better integration into profitable value-chains and by improving access to climate-resilient infrastructure and microfinance services. The rationale behind the project is that increased competitiveness of agri-business would generate rural employment and increase resilience of low-income rural people while broadening the Government's tax base to finance its strategy for poverty reduction.

Activities run through two core components:

  1. Improving smallholder and agribusiness adaptive capacity, enhancing resilience and promoting investments in productive rural infrastructure and agri-systems;
  2. Supporting agri-business development through the establishment of the Moldova Credit Guarantee Fund for micro, small and medium enterprises, and other measures for increased quantity and quality of production.

The project is intended to cover all the country's rural areas with the aim of targeting climate-vulnerable farmers and agribusinesses and, more generally, the poorest segments of the rural society. The project will have about 44,145 direct beneficiaries, or 17,658 households.. Key target groups include, among others, semi-subsistence and commercially oriented smallholder farmers, young entrepreneurs and poor climate-vulnerable smallholder women farmers.

Status: Ongoing

Approval Date

26 November 2016

Duration

2016 - 2023

Sector

Rural Development

Total Project Cost

US$ 38.74 million

IFAD Financing

US$ 23.7 million

Co-financiers (Domestic)

Domestic Financing Institutions US$ 2.57 million

National Government US$ 2.95 million

Beneficiaries US$ 9.52 million

Financing terms

Blend

Project ID

2000001156

Project Contact

Vrej Jijyan


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Supervision and implementation support documents

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