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 ....
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