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Scaling-Up at national level for successful development programmes in Ethiopia

Posted by Christopher Neglia Friday, August 21, 2015

Ethiopia's Rural Financial Intermediation Programme (RUFIP) supported by the International Fund for Agricultural Development (IFAD), enabled more than 3 million poor rural households to get out of poverty by accessing financial services. Now in its second phase, RUFIP-II programme aims to scale up delivery of financial services at national level to reach almost 7 million households by 2019.

The overall objective of the programme is to provide poor rural people with sustainable access to a range of financial services through a nationwide network of some 30 Microfinance Institutions (MFIs) and about 5,500 rural savings and credit cooperatives (RUSACCOs) as well as 100 unions of RUSACCOs. It is supporting these rural financial institutions by developing their institutional capacity to manage credit funds and increasing their professional skills to deliver tailored financial services to their community members. It  is also helping to improve the policy environment as well as  introducing new regulatory and supervisory parameters.

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