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Helping remittances reach rural areas in Moldova

Helping remittances reach rural areas in Moldova

IFAD’s Near East, North Africa and Europe (NEN) Division and its Financing Facility for Remittances, in partnership with Moldova’s National Commission for Financial Markets, have begun a project designed to strengthen the country’s Savings and Credit Associations (SCAs) so that they can manage remittance transfers. For over 20 years, SCAs have been Moldova’s main network of local grassroots financial service providers. They are well distributed throughout the country, and in some rural areas are the only financial service providers available. Because of their long history and localized nature, SCAs are considered trustworthy.

Project Date
2018
 - 
Ongoing
Type of Project
Project/Programme
Lead implementing organization/s
International Fund for Agricultural Development (IFAD)
Language
Geographic Scope
Country
Republic of Moldova
Workstream Output
Off
Regional Review Process
Non
SDGs
SDG.10 - Reduced Inequalities
SDG Indicators
Indicator 10.c.1
Keywords
COVID-19 and migration
Diasporas
Labour migration
Root causes of migration
Transnational migration
Tags
migration
remittances
moldova
diaspora
rural areas
sustainable development
État
Publié

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