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Rural Microenterprise Transformation Project

The project goal is to sustainably increase the income, food security and nutrition of marginal and small farmers and microentrepreneurs across selected valuechains. The development objective is the sustainable growth of selected rural commodity value chains with comparative advantages, market demand, growth potential and backward linkages to small farmers and microentrepreneurs.

The project will target the following groups: (i) ultra-poor households, (ii) transitional poor households, and (iii) enterprising poor. The majority of the direct beneficiaries under the financial services component will be women as recipients of PKSF loans. Youth will be targeted both directly (as producers and private extension providers trained by the project) and indirectly (through wage employment).

Status: Ongoing

Country

Bangladesh

Approval Date

12 September 2019

Duration

2019 - 2025

Sector

Credit and Financial Services

Total Project Cost

US$ 200 million

IFAD Financing

US$ 81 million

Co-financiers (International)

Denmark US$ 8.3 million

Co-financiers (Domestic)

Palli Karma-Sahayak Foundation US$ 12.96 million

Private sector local US$ 96.86 million

Financing terms

Blend

Project ID

2000002356

Project Contact

Omer Aslam Zafar


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