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LOANS & CREDITS

Madagascar: Additional Financing for Rural Development Support Project

October 21, 2008



IDA Credit: US$30 million
TERMS: Maturity = 40 years; Grace = 10 years
Project Description: The project will increase incomes and reduce poverty in rural areas, while preserving the country’s natural resource base. It will support the costs associated with scaling up the activities of the ongoing project to about 2,200 new sub-projects benefiting about 70,000 additional households, thus contributing to a significant enhancement of its impact and development effectiveness.


Media Contacts
Rachel McColgan-Arnold
Tel : (202) 458-5299
rmccolgan@worldbank.org

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