Nepal has three decades of experience in micro finance. Micro finance programmes contribute to poverty alleviation, and have been implemented throughout the country. The Government of Nepal recognizes micro finance as a particularly effective development tool for raising living standard of poor people because the services provided by the micro finance institutions in Nepal target poor and very poor clients. Moreover these services can make a significant contribution to the improvement of the
socio-economic situation of the poor by providing them access to credit to build and develop their livelihoods.
The overall objective of EAFS project is to expand access to financial services (both in terms of quantity and quality), especially to small businesses and low income households (poor youth, excluded and vulnerable groups), in a sustainable fashion aiming to reach 330,000 new clients by the end of the project. Additionally the project aims to link 10,000 Savings and Credit Groups to the financial sector, most notably with EAFS partnering institutions. These targets are aligned with the UN
Development Assistance Framework (UNDAF) as well as in UNDP’s Country Programme Action
Plan (CPAP).
#EAFS #EAFSProject #FinancialInclusion #GeographicInclusion
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Publisher:
EAFS/UNDP
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(2011
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Type / Script:
Annual Report
in English
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Keywords:
MICROFINANCE, POVERTY MITIGATION, SUSTAINABLE DEVELOPMENT, SMALL GRANTS, DEVELOPMENT, DEVELOPMENT ASSISTANCE, DEVELOPMENT CREDITS, DEVELOPMENT FINANCE INSTITUTIONS, FINANCIAL ASSISTANCE, FINANCIAL FLOWS, RURAL DEVELOPMENT, DIVIDEND FOR DEVELOPMENT, ECONOMIC DEVELOPMENT
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Thematic Group:
UNDP
:
Social and Institutional Developoment
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Thesaurus:
02.10.00
- Development Finance
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Reference Link:
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