The PNPER has spent XOF311 million on rural businesses since the year started

Agriculture
Friday, 12 June 2020 12:29
The PNPER has spent XOF311 million on rural businesses since the year started

(Togo First) - Since the beginning of the year, the National Project for Rural Entrepreneurship Promotion (PNPER) has financed 69 business plans, disbursing XOF311 million in the process. 

The government-led project is backed by the International Fund for Agricultural Development (IFAD). Its goal is to “progressively and sustainably transform Togo’s rural economy by supporting and promoting micro, and small businesses.” 

According to reliable sources, despite the coronavirus, the PNPER keeps financing youths and women, ensuring that their businesses thrive. 

The project is currently identifying farming cooperatives and associations in need of financial support in rural areas. After this step, identified businesses will be evaluated based on specific criteria, before awarding them the financial support they seek.

Séna Akoda

togofirst mobile

 
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