Ensayos y Síntesis
Ensayos y Síntesis
Ensayos y Síntesis
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African Conference on Remittances and Postal Networks – official report
ODI ASAP Progress Review
This Progress Review evaluates the status of IFAD’s Adaptation to Smallholder Agriculture Programme (ASAP) at programme mid-term, 2.5 years after the first ASAP-investment has been approved by the IFAD Executive Board.
Creating pathways out of poverty in rural areas: Managing weather risk with index insurance
Refinancing facilities: IFAD introduces an innovation in rural finance development
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.
What others say about IFAD
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.
Fulfilling the promise of African agriculture
Yet this barely scrapes the surface of Africa’s promise. Only 6 per cent of cultivated land is irrigated in Africa, compared with 37 per cent in Asia, for example. Africa also has the largest share of uncultivated land with rain-fed crop potential in the world. In addition, African farmers use substantially less fertilizer per hectare than counterparts in East Asia and the Pacific.