Investing in rural people in Moldova

Collaboration between Moldova and IFAD started in 1999. The Fund has supported six projects and one programme in Moldova, benefiting 134,808 people and with funding totaling US$196.8 million, of which IFAD has provided US$109.2 million.

In Moldova, IFAD loans work to improve the incomes and living conditions of poor rural people. Activities are targeted to smallholders and landless farmers, small-scale livestock producers, rural women and unemployed young people in the poorest areas. IFAD is also supporting reforms in Moldova, with financing totaling US$85 million.

IFAD’s strategy focuses on promoting more resilient livelihoods in marginal rural areas by supporting climate-smart agriculture, economic diversification, talent retention, and access to rural finance. On that basis, the overall objective of IFAD’s investment is to help the productive poor take advantage of the opportunities emerging from the country’s ongoing rural transformation. IFAD’s investment is implemented in line with the United Nations Sustainable Development Goals: no poverty, zero hunger, gender equality, decent work and economic growth, reduced inequalities, climate action, life on land, and clean water and sanitation.

Moreover, it reinforces IFAD’s strategic objectives for the rural poor: improve their productive capacities; increase their benefits from market participation; and strengthen the environmental sustainability and climate resilience of their economic activities.

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Original source: IFAD
Published on 21 January 2019