ON AFGHANISTAN, ON DEVELOPMENT: Boosting entrepreneurship in rural Afghanistan

June 24, 2018
SUBMITTED BY MIKI TERASAWA ON SUN, 06/24/2018
CO-AUTHORS: ABIMBOLA ADUBI, RAHMATULLAH QURAISHI
The Afghanistan Rural Enterprise Development Project has linked rural producers, including saffron farmers with markets to create businesses and provide employment opportunities to many Afghan women and men. Photo Credit: AREDP/ World Bank.

Since 2010, the Afghanistan Rural Enterprise Development Project (AREDP) has linked rural producers with markets and helped villagers form savings and credit groups to create businesses or expand their small enterprises.

With small funds now available in their villages, rural residents take small loans to start their local micro-enterprises including in carpet weaving. Photo Credit: AREDP/ World Bank

AREDP is a program of the Ministry of Rural Rehabilitation and Development, started in 2010 that aims to increase employment opportunities and the incomes of rural populations. It receives funding support from the International Development Association (IDA), the World Bank Group’s fund for the poorest countries, and the Afghanistan Reconstruction Trust Fund (ARTF).

In the last four years, villagers took loans from their saving groups and set up 1,300 micro-enterprises, which sold about $7.9 million in local markets through AREDP-supported small and medium enterprises (SMEs).

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