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IFAD pledges $18 07m for pandemic-hit microenterprises, smallholders

IFAD pledges $18.07m for pandemic-hit microenterprises, smallholders Star Business Report Star Business Report The International Fund for Agricultural Development (IFAD), a specialised agency of the United Nations, will provide Bangladesh with an additional loan of $18.07 million to rebuild microenterprises and support smallholders, who have been adversely affected by the Covid-19 pandemic. The international financial institution and the UN s food and agriculture hub based in Rome is dedicated to eradicating poverty and hunger in rural areas of developing countries. The additional financing will scale up activities under the ongoing Promoting Agricultural Commercialisation and Enterprises (PACE) project, which is being implemented by the development organisation the Palli Karma-Sahayak Foundation (PKSF).

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