Social Fund

closed

The objectives of the Social Fund Project are: (a) improved access to basic social services; (b) community empowerment; and (c) increased income-generation by the poor. The components include: (a) the financing of small socio-economic infrastructure (e.g., rehabilitation or extension of elementary schools and health centers, installation of water points, construction of latrines, repair of bridges, markets, etc.); (b) income generation through support to income-generating activities in low-income groups by facilitating access to formal financial intermediation and by providing assistance to informal financial intermediaries, especially those reaching out to women, in the form of institution building grants and matching grants; (c) capacity building and social capital development primary at the grass-root and the intermediary level; and (d) institutional strengthening of the Agency for financing of community-based initiatives (Agence de Financement des Intitiatives de Base - AGeFIB).