Études et dossiers

The International Fund for Agricultural Development (IFAD) and the World Food Programme (WFP) have joined forces to reduce the vulnerability of poor rural people to extreme weather events that can be devastating to agricultural productivity. With support from the Bill and Melinda Gates Foundation, IFAD and WFP are working to improve the access of poor rural people in developing countries to index-based weather insurance. This type of insurance can help them cope better when extreme weather hits, and can open the door to other financial services, in particular credit.

IFAD uses highly concessional loans in an innovative way in the Republic of Macedonia, the Republic of Armenia and the Republic of Moldova. Low-cost refinancing capital makes rural investments attractive and profitable for formal financial institutions and reduces rural poverty by stimulating economic growth.

In the past seven years, IFAD has successfully used refinancing facilities in economies in transition to stimulate investments on farms and in rural processing companies. The facilities have refinanced projects for a total value of over US$50 million in the Republic of Moldova, the Republic of Macedonia and the Republic of Armenia, with an excellent recovery performance. Refinancing operations have proved to be a viable alternative to established modes of financing rural investments through lines of credit and microfinance. And they have encouraged financial institutions to expand their rural networks and start investing in agro-projects from their own funds. 

Ban Ki-moon, United Nations Secretary-General

IFAD is unique in the very clear focus of its mandate, and this sharp focus that also gives IFAD great strength, your specialist knowledge of agriculture and rural development will be even more valuable in the years ahead. Speech to IFAD staff, Chief Executives Board for Coordination meeting, May 2014

Marisa Lago, Assistant Secretary for International Markets and Development, United States Department of Treasury

By taking an innovative, community-based approach to investing in smallholder farmers - the most vulnerable members in rural societies – IFAD is an important partner in the global fight against poverty and hunger. I’ve witnessed first-hand the positive impact of IFAD’s work in providing technical training, facilitating access to microfinance, and strengthening farmers’ organizations in countries ranging from Uruguay to Tanzania to Morocco. The United States was a founding member of IFAD and proudly remains a strong supporter.