Project profile — Resilience and Inclusion through Investment for Sustainable Agrikultura (RIISA)

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Overview

Overview

Resilience and Inclusion through Investment for Sustainable Agrikultura (RIISA) - Overview
CA-3-P008973001
$6,800,000
MEDA - Mennonite Economic Development Associates (CA-CRA_ACR-0010011098)
2021-03-19 - 2026-03-31
Operational
Country / region • Philippines (100.00%)
Sector • Business And Other Services
Business Development Services (25030) (40.00%)
• Agriculture
Food crop production (31161) (10.00%)
• Agriculture
Agricultural financial services (31193) (50.00%)
Policy marker • Gender equality (significant objective)
• Environmental sustainability (cross-cutting) (principal objective)
• Participatory development and good governance (not targeted)
• Trade development (not targeted)
• Biodiversity (not targeted)
• Climate change mitigation (not targeted)
• Climate Change Adaptation (not targeted)
• Urban issues (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Disaster Risk Reduction(DRR) (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• Nutrition (not targeted)
• ICT as a tool for development (not targeted)
Description and results

Description

This project aims to support inclusive economic opportunities in the poor, rural areas of Mindanao, in the Philippines. Aligned with the Government of the Philippines’ post-coronavirus (COVID-19) recovery response, this project works to increase the productivity of cacao farms and enterprises, particularly those led by women, while promoting gender equality and resiliency in communities vulnerable to conflict and climate change. Project activities include: (1) assessing needs, providing training and offering matching-grants to financial and business service providers in the cacao sector; (2) providing investment capital to financial intermediaries and small and medium-sized enterprises (SMEs); (3) improving the farming and business practices of cacao smallholder farmers and co-operatives, through training and matching grants; (4) offering workshops and retreats to women and men cacao smallholder farmers, and appointing gender equality champions, to promote gender equality in households and communities; and (5) increasing awareness of the gender and environmental needs of cacao smallholder farms, SMEs and co-operatives through an advisory council. This project expects to benefit 6,250 smallholder cacao farmers, 15 cacao co-operatives and 150 smallholder household couples, in the Bangsamoro Autonomous Region of Muslim Mindanano (BARMM) and Davao regions of Mindanao.

Expected results

The expected outcomes for this project include: (1) increased integration of gender equality, environmental sustainability and human rights considerations into the operations of businesses and financial intermediaries serving small and medium-sized enterprises and co-operatives in the Mindanao cacao market system; (2) improved farming and business practices with inclusive socio-economic dynamics for smallholder farmers and co-operatives in the cacao market system in Mindanao; and (3) improved practice of relevant actors to promote best gender equality, environmental sustainability and human rights practices in the cacao market system in the Philippines.

Financials

Financials


Original budget $1,300,000
Planned Disbursement $1,342,000
Transactions
Transaction Date Type Value
15-06-2023 Disbursement $245,478
12-09-2023 Disbursement $198,605
22-11-2023 Disbursement $576,404
Country Percentages by Sector
Related information

Related information

Resilience and Inclusion through Investment for Sustainable Agrikultura (RIISA) - Related information
Related links
Partner website — MEDA - Mennonite Economic Development Associates
Global Affairs Canada
OGM Indo-Pacific
Aid grant excluding debt reorganisation
Bilateral
Project-type interventions
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