FMO NV (Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.)

The primary objective of this project is to support the implementation of the second phase of the Livelihood Restoration and Development Plan (LRDP), with a focus on a sustainable approach. The LRDP is designed to restore and enhance the livelihoods of the Project Affected People (PAPs), particularly those who have lost land or other resources due to the hydropower project. The LRDP focuses on providing alternative livelihood options through agri-based activities, trainings, and skill development programs and linkages to markets. A special emphasis is placed on empowering women within the community, promoting gender equality, and enhancing food security.

With this loan, FMO and the Dutch Fund for Climate and Development (DFCD) will support the growth of NMB’s Micro, Small and Medium Enterprises (MSME) and green portfolio.

The main objective of the Livelihood Restoration and Development Plan is to enhance the livelihood of the Project Affected People (PAPs) through agri-based activities and other trainings that promote diversified farming and enhance food security.

Development funding to support the development and roll out of a pilot project on promoting Renewable Energy Technologies (“RETs”) for remote, rural households. The main objective of the pilot is to demonstrate the viability of a business model whereby CEDB provides wholesale loans to Local Financial Institutions/Cooperatives (“LFIs”) which in turn will be specifically used to finance RETs. The pilot will take place in two of Nepal’s lower development districts and –if proven successful- shall be replicated in other regions of the country as well.

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