Closing Seminar of the Graduation Program in the Northern Region: Positive Results and Future Outlook
WHAT IS REFP?
The Rural Entrepreneurship Financing Project (REFP) is a six-year project, covering the period from 2019 to 2024. The total cost of the project is USD 72.5 million, financed by the International Fund for Agricultural Development (IFAD) with USD 62.1 million, the Government of Mozambique with USD 4.3 million, the Private Sector with USD 5 million, and Beneficiaries with USD 1.2 million.
The goal of the REFP project is to contribute to the improvement of living conditions for rural households. The project’s development objective is to increase the accessibility and utilization of inclusive and sustainable financial services (appropriate, affordable, and innovative), as well as technical support services in rural areas.
WHAT IS REFP?
The REFP is integrated into the Ministry of Agriculture and Rural Development (MADER) and operates through a National Project Management Unit (UNGP) housed within the National Directorate of Local Economic Development (DNDEL). Three regional offices based in Xai-Xai, Chimoio, and Nampula, representing the southern, central, and northern regions respectively, support the functions of the UNGP based in Maputo.
PROJECT AREAS
Graduation and Expansion of Innovation
Investment Mobilization Fund
Line of
Credit
Support for Local Institutions
Business Support Services
Project Management
Implementer
Ministry of Agriculture and Rural Development | National Directorate of Economic Development | MADER Headquarters Building, Block A, 3rd Floor, P.O. Box 1406 Heroes Square Mozambican | Maputo/Mozambique
Funder
The IFAD (International Fund for Agricultural Development) is an international financial institution and a specialized agency of the United Nations that works to combat poverty and hunger in the rural areas of developing countries.