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Rural finance in Sierra Leone strengthened by IFAD projects – new report
Topic : Risk Management
Rural development projects financed and supported by the International Fund for Agricultural Development (IFAD) expanded access to rural finance and increased agricultural production in Sierra Leone, despite the civil war (1991-2002) and Ebola epidemic (2014-2015), according to a new report released on 27 November 2019. The report prepared by the Independent Office of Evaluation of IFAD (IOE), reviews the past 17 years of work that IFAD carried out in partnership with the government of Sierra Leone, from 2003 to 2019.
According to the report’s findings, IFAD increased the reach of rural finance – including to remote areas – to an even larger group than originally planned. Over 280,000 households were reached through rural finance initiatives in the Northern, Southern and Eastern Provinces – more than 120 per cent of the envisaged target.
- Resource type Report
- OrganisationIFAD
- Year of Publication2019
- RegionGlobal
- CountrySierra Leone
- LanguageEnglish
- Number of pages64 pages
- Keywords Rural Finance, Financial Institutions, Investments