The objective of the project is to develop Amret Microfinance Institution's capacity in agricultural lending and increase rural outreach with adequate financial services, including deposits.
The project consists of the following activities:
developing suitable agribusiness lending and non-lending products;
setting up an agriculture credit unit; and
developing secured financial services in the rural areas, including, conducting a feasibility and market study followed by an implementation phase, support installation of mobile banking platform, capacity building in the recipient's financial services and information and technology departments and pilot of rural financial services, including field deposit collection.