Togo: 600 projects to be financed by the PNPER

The National Project for the Promotion of Rural Entrepreneurship (PNPER) will finance over the next 03 months, the projects of 600 young people. This, as part of an emergency plan intended to impact hundreds of young rural entrepreneurs. 450 first-time enterprises, 100 cooperatives and 50 medium-sized rural enterprises (MPER) are thus affected by this plan. While waiting for its start, awareness and training activities are being carried out in the target prefectures by the Project teams. The objective is to provide young people with ideas, essential notions in rural entrepreneurship, such as the creation of an MPER, the description of a business idea, the steps necessary for creation. Despite the Covid-19 pandemic, 90 business plans have been funded since the start of the year. The PNPER, which has been evolving since 2018 under the supervision of the State Secretariat for Financial Inclusion and the Informal Sector, has financed in 05 years, more than 160 promoters for more than one billion FCFA. These good results have also earned it the extension of an additional year by the International Fund for Agricultural Development (IFAD), its main partner. Source Togo Official