Rural Business Development Project
2011 - 2016
Duration
Mohamed Abdelgadir Adam Ahmed
Project Contact
13 Decembar 2011
Approval Date
Bosna i Hercegovina
Država
Loan
Modality
OPEC - US$ 5.35 milion
Financing
OPEC - US$ 5.35 milion
Co-financiers
Marketing/Storage/Processing
Sector
Hardened
Lending terms
About the project
This project will be implemented in 27 municipalities in the Federation of Bosnia and Herzegovina, and 20 municipalities in Republika Srpska. It is expected to directly benefit 20,000 rural households, including:
- smallholder farmers – both men and women – interested in commercial agriculture
- producers’ associations and agriculture cooperatives with outreach to smallholder famers
- women and unemployed youth interested in non-farm wage employment or self-employment.
The project goal is to raise the target groups’ incomes and strengthen their resilience by building profitable farm and non-farm enterprises in Bosnia-Herzegovina. Organizing smallholder farmers and providing them technical and business skills, together with market access and financial services, can help orient them towards commercial production, make them more competitive and lead to higher incomes and more employment in rural areas. In this regard, the project will focus on rural business support, rural business investments and rural market infrastructure.