Project

Inclusive Finance in Agricultural Value Chain (INCLUSIF)

Sector

Credit and Financial services

Financing chart
Financing Gap (USD)
465,949
Target group
440,000
Smallholders
Project target area

5 regions: Kayes, Koulikoro, Sikasso, Ségou, Mopti

 
Summary
Inclusive Finance in Agricultural Value Chain (INCLUSIF) project aims to increase financial inclusion of smallholders and agrifood Small and Medium Enterprises (SMEs) in Mali. It has two expected outcomes: (i) access by smallholders and their organizations to suitable financial services is improved; and (ii) producers’ organizations develop profitable and sustainable productive partnerships with the private sector and financial systems.
Components and Objectives
INCLUSIF has three main components:
Component 1: Development of rural financial services. Its expected effect is the access of small producers and their organizations to appropriate financial services is improved. Its implementation will have an impact in rural areas where it will help increase financial inclusion from the current 20% to 35% in 2024.
Component 2: Productive investments in value chains. It aims to allow producer organizations composed mainly of small producers supported in component 1, develop profitable and sustainable productive partnerships with the private sector and financial systems.
Component 3: Coordination, monitoring and evaluation and knowledge management. It aims to carry all the mechanisms for technical planning and operational coordination, administrative and fiduciary management, monitoring and evaluation, communication and capitalization.
Financing

Total project cost

114,554,579

IFAD financing
 

48.8 %
55,884,454
55,884,454
IFAD

International cofinancing

40.4 %
46,303,036
405,202
ABC Microfinance
10,676,725
Canada
19,385,912
Denmark
15,835,197
Green Climate Fund

National cofinancing

10.4 %
11,901,140
1,881,405
Beneficiaries
5,436,986
Local Private Sector
4,582,749
National Government

Financing
gap

0.4 %
465,949

Approval date

April 17, 2018

Expected duration

2018 –
2024

Lending terms

Debt Sustainability Framework

Income level

Low Income

Replenishment cycle

IFAD 12

Implementing agency

Ministry of Rural Development

Contact information

Country Director: 
Norman 
Messer 
Email: n.messer@ifad.org