PAEIJ-SP : More than XOF730 million disbursed between 2017 and 2019, for the Kara region alone

Agriculture
Monday, 10 February 2020 16:21
PAEIJ-SP : More than XOF730 million disbursed between 2017 and 2019, for the Kara region alone

(Togo First) - For the 2017-2019 agricultural campaign in the Kara region, the project to boost youth employment in profitable sectors (PAIEJ-SP) disbursed more than XOF730 million for specific projects and businesses. 

The news was disclosed during a meeting held in Kara last Friday. This was a sharing meeting organized by the regional committee for the selection of projects and partnering technical offices. 

In detail, the funds benefited 171 associations and more than 60 SMEs in the region concerned. Also, a little less than 140 young one-man startups and 337 associations of startups were able to access these funds. 

PAIEJ-SP, which closes this year, aims to promote agricultural value chains, and boost agribusiness. Just like the Agricultural financing incentive mechanism (MIFA), it is one of the tools put in place by the government to bridge the low financial and technical support that impedes the growth of agriculture in Togo.

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