Rural Microfinancing Modernization

cancelled

The objective of the project is to strengthen theinstitutional capacity of the FMDR to deliver high quality and sustainablefinancial services to rural entrepreneurs. The proposed project will provide (i)technical assistance to facilitate strategy formulation and improve managementand service delivery capacity as well as (ii) provide a credit enhancement thatwill permit the FMDR to access new funds. The technical assistancecomponent will precede the provision of credit enhancement and the executionof the latter will be conditioned on the achievement of institutionalstrengthening benchmarks at the level of three affiliates and the headquarters.