Agrar II kicks off– March 2021

CAPTION 6
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With tremendous results that are motivating in phase I of the Agric project, AFOS INGO has received approval for the AGRAR project phase II…

Livelihoods and job opportunities are improved across the Nigerian agricultural sector by boosting the efficiency of smallholder farmers, agribusinesses, and microfinance banks, and linking them together in value chains. 

With tremendous results that are motivating in phase I of the Agric project, AFOS INGO has received approval for the AGRAR project phase II. The new phase, which commenced on 01.03.2021 after a 2-month additional extension to phase I due to setbacks caused by the outbreak of Covid-19 and its subsequent national lockdown, is scheduled to run through to 31.12.2023. The planned outcomes for AGRAR II includes the development of a training institute for the Agriculture industry offering classroom and digital trainings and hosts multi-stakeholder platforms which coordinate agricultural value chains, institutionalized dual vocational training for the industry and micro-insurance product development for microfinance banks as an intervention for the sustainability of MSME and rural farming.

With an objective to enhance effective operation of the Association (NAMB), and growth of the Microfinance sector, the study was conducted in close collaboration with (NAMB), and two working groups of the Nigerian Microfinance Platform (NMP); the Associations and the Efficiency & Social Performance working groups, to assess the effectiveness of NAMB secretariat as well as provide recommendations for success in carrying out a self-regulation mandate.