The Rural and Agricultural Finance Programme (RAFiP) is designed to provide poor rural people and smallholder farmers with improved access to financial services, technical assistance and risk management instruments. By working to connect farmers with rural finance institutions, the goal is to support and improve sustainable livelihoods for the most vulnerable segments of the rural population, particularly women and young people.

Existing rural microfinance institutions (MFIs) are key RAFiP partners. Ghana’s MFIs have demonstrated an ability to enhance their own performance and a willingness to support an inclusive rural finance environment. RAFiP supports innovation in the microfinance sector, as it is vital that financial approaches, products and services be designed to address the specific needs of poor rural people. This programme supports Ghana’s MFIs and the wider rural financial system by enhancing institutional performance, public outreach and client orientation. The programme provides smallholder farmers with an opportunity to maximize the productive potential of their lands and strengthens agricultural value chains in Ghana.
 

Source: IFAD