RuMEPP poverty alleviation program reaches to provinces of Philippines

RuMEPP poverty alleviation program reaches to provinces of Philippines

Microfinance Focus, March 9, 2011: The Rural Micro-Enterprise Promotion Programme (RuMEPP) in its efforts to support rural poverty reduction has served 19 targeted provinces through the implementation of a poverty alleviation program in Philippines.
Jonathan Tagalo Jr., RuMEPP Provincial Officer during the workshop on Micro Enterprise Development in Agusan del Norte in Butuan City said, “Of the 19 province beneficiaries, four come from Caraga Region, thus, all provinces in the region are beneficiaries of this poverty alleviation program.”

The program is aimed to raise the incomes and improve the livelihoods of poor rural people by providing them with loans and other financial services, and business development services such as capacity-building, market linkages and product development. 

The objective of the program is to see increasing numbers of new and existing rural microenterprises expanding and operating profitably and sustainably. Investments will support microfinance and credit, microenterprise promotion and development, and programme and policy coordination.

RuMEPP is a seven-year poverty alleviation project of the International Fund for Agricultural Development (IFAD) based in Rome, Italy and the Government of the Philippines with the Department of Trade and Industry (DTI) as the lead agency and the United Nation Office for Project Services (UNOPS) as cooperating institution.

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