About Us


1. Introduction

The Rural Enterprises and Remittances Project (RERP) "SAMRIDDHI" is a joint project of the Government of Nepal (GoN) and the International Fund for Agricultural Development (IFAD). GoN and IFAD signed the Financing agreement for the Project on 10 December 2015 and is expected to be completed by December 2022. Its strategic goal is to “reducing poverty and achieve sustainable peace through employment-focused, equitable and inclusive economic development”. As its name suggest, Samriddhi is not to promote migration, but rather to, firstly, promote better local economic opportunities and, secondly, to enable those that still choose to migrate or who are returning to be better able to gain the full benefits of migration as a transformative step in their families’ economic livelihoods.

RERP proposes to bust-up the inclusive growth of markets and for agricultural products and the development of associated local clusters through which poorer smallholder producers can benefit alongside others.

Ministry of Industry— MoI(recently renamed as Ministry of Industry, Commerce and Supplies), GON is the Lead Project Agency. The Project intends to cover 16 districts namely; Morang, Sunsari, Saptari, Siraha, Bhojpur, Dhankuta, Khotang, Terhathum, Udayapur, Bara, Dhanusa, Mahottari, Rautahat, Sarlahi, Okhaldhunga and Sindhuli of the Eastern and Central Development regions (Province 1, 2 and 3 under the recently adopted new federal constitution). The geographical areas follow a corridor approach linking districts along the main roads running south to north to facilitate the connection of hill districts to larger markets in Terai. 

The project targets a total of about 179,660 primary beneficiaries comprising around 60,000 enterprises and 30,000 unemployed youth.

2. Goal and Development Objectives

2.1 Goal:

Reducing poverty and achieve sustainable peace through employment focused, equitable and inclusive economic development

2.2 Development Objective:

Viable rural micro, small and medium enterprises (RMSEs), both the farming and off- farming sectors, provide sustainable sources of income to rural poor households, of migrant families and returnees.

3. Project Components

The project will be organized into 4 components, summarized in the table below.

Component

Sub-component

1. RMSE & Jobs
Promotion

 

Total direct beneficiaries

172,000 people

including:

Net outreach 1.1-1.3 94,500 people

+

77,500 people
in extra jobs created in 1.1/1.2

1.1) Supply chain development: Creating RMSE and job opportunities for producers, including smallholders, and other enterprises in competitive agricultural and non-agricultural clusters. (replaces former sub-comp 1.1)

1.2) RMSE development (Enterprise Service Centres and CCI strengthening). Building sustainable business services to create opportunities for local RMSEs (in original design)

 

1.3) Decent jobs through TVET, jobs placement and apprenticeships (in original design)

2. Productive Investment

 

Total direct beneficiaries
210,000 people

2.1)  Rural finance – widespread financial & business education; improved supply of financial services via strengthening of co-ops, partnerships with FIs and risk sharing instruments (in original design, new title)

2.2) Mobilizing migrant resources and skills – develop sustainable migrant services, especially at local level, via migrant resource centres, info desks and online services (in original design)

3. Inclusion & mobilization
(new component)

 

Total direct beneficiaries
87,000 people

3.1) Economic mobilization and mentoring of individuals and groups

3.2) Social mentoring of households and groups to address common social risks using the household (HH) methodology. Mentoring will be provided at individual household level for 30-40% of high risk households and on a group-basis for large numbers of individuals involved in Comp 1.

4. Institutional Support and Project Management

4.1)  Knowledge management and M&E: to provide evidence-based continuous learning and improvement and support scaling-up of best practices in the project and by other actors (originally included in 4.2, replaces previous 4.1 on Institutional Strengthening and Development which is now mainstreamed in relevant areas of Comp 1 + 2)

4. Key Performance Indicators

87,500 direct beneficiary households (70% of target HHs) reporting increase of at least 20% in HH asset ownership within 4 years of project support, as compared to baseline

10% of reduction in the prevalence of child malnutrition, as compared to baseline

At least 33 % of target entrepreneurs, vocational trainees and apprentices are women

60,000 rural entrepreneurs expand their existing business (i.e. have increased their income by at least 30%) or create a new one

30,000 rural youth access job placement services

30,000 RER/SAMRIDDHI-supported enterprises (20,300 new and 9,700 existing) are still in business after 3 years (RIMS), of which 33% owned by women/30% owned by migrant returnees

21,000 RER/SAMRIDDHI-supported vocational trainees and apprentices, of which 33% of women, are in gainful employment over at least 6 months