Short Description
The Rural Enterprises and Remittances Project (RERP) "SAMRIDDHI" is a seven-year project jointly initiated by Government of Nepal|Ministry of Industry, Commerce and Supplies and the International Fund for Agricultural Development (IFAD). The Government of Nepal is lead agency for the execution of RER Project.
The project aims at reducing poverty with employment-focused and inclusive economic development by providing sustainable sources of income to poor households, migrant families. And returnees through creation of micro, small, and rural medium-sized enterprises as a means of developing local businesses and creating jobs and specifically includes returning migrants among those it supports.
Agro Enterprise Centre (AEC) of Federation of Nepalese Chamber of Commerce and industries (FNCCI), HELVETAS (an International Non-Governmental Organization) and selected financial institutions working within the project area are implementing partners.
RERP is being implemented from December 2015 to December 2022 with a total funding of approximately USD 23.23 million which includes grants from IFAD, contribution from Government of Nepal, and expected contribution from private sector and project beneficiaries.
The Project covers 16 districts namely— Morang, Sunsari, Saptari, Siraha, Bhojpur, Dhankuta, Khotang, Terhathum, Udayapur, Bara, Dhanusa, Mahotari, Rautahat, Sarlahi, Okhaldhunga and Sindhuli of the Province 1,2 and 3 under the recently adopted new federal structure.The geographic area follows a road 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 aims to provide sustainable sources of income to poor households, migrant families and returnees by supporting range of credible economic opportunities that includes decent employment, local micro-enterprises promotion and micro-enterprises linked to high value farm & off farm supply chains having good growth potential following corridor approach.
In addition,it enables those beneficiaries 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.
Achievement
Under this program, the organization has provided off-season vegetable farming training to 120 youths—both male and female—aged between 18 and 40 years, in alignment with the project's operational guidelines. As a result, over 92% of the participants have secured employment. Additionally, more than 96% of the trainees successfully passed the skill test conducted by the National Skill Testing Board (NSTB).