Agreements signed to assist successful agricultural projects

AMMAN — The Jordan Organization Improvement Company indications 102 grant agreements via the Rural Finance Enhancement and Work Programme which is funded by International Fund for Agricultural Progress (IFAD).

The implementation of the functions of development and support of preserving and credit history teams and association, company mentoring and technical help is carried out in cooperation with the Jordan River Basis, according to a JEDCO assertion.

The agreements were signed by JEDCO’s CEO Bashar Zu’bi and the projects’ representatives.

“A full of 64 of the agreements were granted as group and 38 ended up granted individually to support successful agricultural projects in the governorates of Balqa, Ajloun, Jerash, Mafraq and Madaba, with a whole price of $329,600, of which $4,500 for every single group and $1,500 for unique grants,” Zu’bi explained.

The submitted proposals involved entrepreneurial strategies for agricultural production projects and build new occupation alternatives for youth and women of all ages sectors, and will contribute to bettering the criteria of living in the specific governorates, in accordance to the statement.

He also pointed out that during previous June, 249 grants have been signed to guidance and create agricultural price chain, with $827,800 distributing to the focused governorates, stated the assertion.

Zu’bi added that the Jordan River Basis has labored to employ the routines of advancement and support of saving and credit score teams and association, complex guidance and business mentoring to modest assignments.

Director Standard of the Jordan River Basis Enaam Barishi pressured that the Jordan River Basis is committed through its mission to all the governorates to improve the job of beneficiaries by discovering possibilities for developing practical projects that lead to area and countrywide financial growth.

The Rural Financial Development and Employment Challenge aims at the progress of agricultural assignments to integrate little-scale farmers in value chains and improve their opportunities to get the needed funding in rural regions, and to strengthen their capacity constructing and competitiveness and their contributions to chosen worth chains in rural parts, concluded the assertion.