Government of Nepal
Ministry of Finance
AID MANAGEMENT INFORMATION SYSTEM FOR NEPAL
The IFAD support-project benefits about 66,000 poor and vulnerable households living in the project areas. The target groups are the members of poor and vulnerable households of 114 VDCs that lack the access to resources and opportunities. The project aims at reduction of poverty and vulnerabality of women and men in the hill and mountain areas of mid western and far western development regions. The project will be implemented by Minstry of Agriculture in the 10 districts of mid western and far western development regions. The project will serve to total numbers of 114 VDCs to uplift social and economical conditions of poor farmers.
Loan from IFAD: 7.25 million US Dollar (SDR 4.75 million)
Grant from IFAD: 7.25 million US Dollar (SDR 4.75 million)
GON counter part fund: 1.724 million US Dollar
Loan repayment installment : every six months
Service Charge: 0.75%
Final repayment: within 1 December 2049
Aproval from cabinet: 2066/12/29
Agreement signed on: 5 July 2010
Completion date: 30 September 2017
Financing closing date: 31 March 2018
The project benefit directly and indirectly about 66,000 households. Apart from this, a positive gender impact through improvements to women’s income generation of employment for women’s empowerment and advances in women’s literacy will be seen.
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