Poverty Alleviation 2 Project

closed

The development objective of the Tajikistan's Second Poverty Alleviation Project is to improve the living standards of poor and vulnerable people through micro-projects, micro-finance services, and community empowerment in areas served by the project. The project has three components. The first, the Micro-Projects Component, provides grants in the form of community-based projects to restore basic social and economic services and infrastructure in response to local priority needs, and sponsored programs to support projects provided for particular vulnerable groups. The second component, the Micro-Finance Component, provides credit-lines to micro-finance institutions to expand existing programs to poor groups, particularly women, and providing technical assistance and training to MFIs to increase their capacity to effectively manage their operations. The third component supports Institutional Strengthening of the National Social Investment Fund of Tajikistan (NSIFT) by providing training and technical assistance, and Monitoring and Evaluation of micro-projects as well as funding for operational costs.