With funding from The International Fund for Agricultural Development (IFAD), the Government of Liberia (GOL) is currently implementing five projects:
The Rural Community Finance Project (RCFP). The project includes an IFAD loan of US$ 5.5 million and a grant of US$ 0.5 million and will improve access to rural financial services on a sustainable basis, enabling the development of the rural sector. It incorporates lessons-learnt on financial inclusion from Sierra Leone, where the IFAD-financed RFCIP helped establish a large network of Rural Financial Institutions, including both Financial Services Associations and Community Banks. The project started implementation in the second quarter of 2019 and has a duration of six years.
The Tree Crop Extension Project (TCEP). TCEP includes an IFAD loan of US$13 million, Adaptation for Smallholder Agriculture Programme (ASAP) grant of US$4.5 million and an additional amount of US$9 million for rural roads. The project will work towards developing a viable and sustainable smallholder cocoa sub-sector in Liberia's main producing belt. The TCEP was ratified in 2019, and started implementation in January 2019, and is intervening in at least 8 statutory districts in Nimba County. Its duration is 6 years. The TCEP is adopting a value chain approach to link cocoa farmers, organized at grassroots level in traditional community-based labor groups and Farmers Field Schools (FFS), to markets and services through cooperatives and Private Sector Partners (PSPs).
The Tree Crop Extension Project II (TCEP-II). Financing of US$23.8 million was approved by IFAD's Executive Board in December 2018 and was signed and ratified by the Liberian Government in September 2019. Its duration is 6 years. The TCEP-II financing is prioritized in Lofa County with the possibility to include areas in other counties with comparable socio-economic and agronomic conditions. The TCEP-II is also adopts a value chain approach to link cocoa farmers, organized at grassroots level in traditional community-based labor groups and Farmers Field Schools (FFS), to markets and services through cooperatives and Private Sector Partners (PSPs) building on the achievements and lessons learnt from the IFAD co-financed Smallholder Tree Crops Rehabilitation Support Project (STCRSP).
The Rural Poor Stimulus Facility (RPSF) Project. The Rural Poor Stimulus Facility (RPSF) project is a part of a programmatic intervention combining attributes from TCEP and TCEP-II. RPSF includes an IFAD grant of US$1,086,284 with possibility of additional financing. Its duration is one year. The goal of the RPSF is to improve the livelihood and COVID-19 resilience of rural households in Nimba and Lofa Counties. The overall objective is to improve food crops production and nutritional status of farming households in Nimba and Lofa Counties. The RPSF project will intervene in at least 15 statutory districts in the two counties, where the livelihoods of most smallholders traditionally depend on tree crops (rubber, cocoa, coffee and oil palm) and food crops (rice, cassava and vegetables).
The Building Climate Resilience Project (BCRP). The Building Climate Resilience Project is ……………………………………………
THE PROGRAM IMPLEMENTATION UNIT (PIU)
The Ministry of Agriculture is the implementing Agency for all IFAD funded projects in Liberia through a dedicated Program Implementation Unit (PIU). A single program implementation unit with the required thematic expertise to manage IFAD projects is deemed to be cost effective, while facilitating cross learning and knowledge management, and building synergies between projects.