"We are doing our best to fund 110 projects in the next 20 months. But, by the end of the year, we’ll finance 50 instigators. We will surely achieve this goal", ensured Ms. Assih on Tuesday.
The government reassures of the availability of the first envelopes in favor of the first beneficiaries from October.
Launched in 2015, the project is co-financed by IFAD and the Togolese State to the tune of 19.2 billion CFA with 10.8 billion for IFAD and aims at reducing poverty by promoting rural entrepreneurship.
It targets 50,000 direct beneficiaries and will, among other things, create and strengthen 1,800 micro enterprises.
The project passed through turbulent times with results below expectations.
But, very quickly, the UN institution saved the project with new requirements.
A delegation from IFAD led by Martin Lisandro, West and Central Africa Division Director recently to Lome, welcomed the work done by the government and then pledged to support all stakeholders for an effective revival of the project about to end in 2020.