National Rural Economic Transformation Project (NRETP) to Boost Rural Incomes
- The World Bank will provide a $250-million loan for the National Rural Economic Transformation Project (NRETP) to help women in rural households develop viable enterprises for farm and non-farm products.
- The $250 million loan has a 5-year grace period, and a final maturity of 20 years.
Key Facts
- Digital Financial Products for Small Producer Collectives: The key component of the project includes developing financial products using digital financial services to help small producer collectives scale-up and engage with the market.
- Support to Enterprise Development Programme: According to the World Bank, the NRETP would support enterprise development programmes for rural poor women and ....