Liquidity Support and Debt Relief to Rural Financial Intermediation Programme's Beneficiary Financial Institutions and Clients

About this project

The project components are as follows:Component 1: Liquidity Support to DBEThe support will focus on improving the liquidity of DBE, in turn MFIs/RUSACCOs and their borrowing clients through IFADs line of credit and EU grant that will provide support to MSMEs to maintain their current levels of employment during COVID-19. The Liquidity support to DBE will also include EU grant to interest rate subsidy on RUFIP II outstanding loans, and EU grant to loan default penalty fee on RUFIP II loans due in the next two loan instalments of repayments (in July 2020 and January 2021). Component 2: Technical Assistance (TA), Communication and VisibilityTA includes operational and financial management support to DBE and financial intermediaries to effectively manage and implement the COVID-19 response. In compliance with EU requirement, a Communication and Visibility plan will be developed and implemented to highlight the impact of EU/IFAD COVID-19 response.

Goals

Sustainable Development Goals this project works towards

• 1No Poverty
• 2Zero Hunger

Published by

European Commission - Directorate-General for International Partnerships · Other public sector

Countries

Ethiopia

Sectors

Agricultural financial services

Focus

Disaster risk reduction · Also contributesNutrition · Also contributes

Places

ET - CIIP-SDTF_06, ET - Ethiopia

Published by European Commission - Directorate-General for International Partnerships to the International Aid Transparency Initiative (IATI), last updated 29 Sept 2026 and imported automatically. IATI identifier: XI-IATI-EC_INTPA-2021-PCC-419081.

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