Equatorial Guinea - Poverty Reduction Project

The Poverty Reduction Project aims to mitigate negative impacts of the structural adjustment programmes embarked upon from 1988. It’s designed in response to the desire by the Government of Equatorial Guinea to implement a poverty reduction project. The project should involve intermediation structures such as NGO/CBOs to manage the micro-credit award and recovery scheme. The expected outputs are: i) Putting in place of credit networks; ii) Credit to micro-enterprises Implementation of microenterprises Self-sustained system; iii) Granting of credits to the poor and vulnerable group. The project has four (4) components, namely: (i) Micro credit for Income Generating Activities (IGAs); (ii) training and institution building; (iii) community support to investment initiatives; and (iv) Project Management.