How the project is delivered
Project Components
FIRIP is delivered through three interlocking components, from frontline financial services to the policy environment and project coordination.
1
Component
Component 1
Improved Availability & Uptake of Sustainable Client-Centric Rural Financial Services
Strengthens FSP capacity to expand into underserved rural areas and deliver financial solutions to smallholder farmers, women, youth, and rural MSMEs.
Focus
Subcomponent 1.1: Innovative Products & Delivery Mechanisms (Innovation and Outreach Facility, IOF); Subcomponent 1.2: Increased Access to Affordable Finance (Blended Finance Facility, BFF).
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2
Component
Component 2
Enhanced Enabling Environment for Inclusive Rural Financial Services
Addresses bottlenecks limiting the scale of affordable financial services through policy engagement, training, studies, and Strategic Partnerships (SPs).
Focus
Policy engagement, capacity training, market studies, and Strategic Partnerships.
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3
Component
Component 3
Institutional Support & Project Coordination
Supports project management, monitoring and evaluation (M&E), knowledge management, and implementation oversight.
Focus
Project management, M&E, knowledge management, implementation oversight.
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