IRAQ Promoting Economic Revival for Microbusiness and Agriculture

IRAQ

Promoting Economic Revival for Microbusiness and Agriculture (PERMA) in Nineveh Governorate

The PERMA projects supports the restarting of rural and agricultural activities and, on the Nineveh Plain, the relocation of microenterprises and SMEs via the rehabilitation of water infrastructure and capacity building for partner financial institutions and the decentralized technical services of the Iraqi State.

CONTEXT 19/12/2018 Following the occupation of the Islamic State, agricultural Project start infrastructure and irrigation networks were destroyed, land date was partially mined, inputs and equipment were stolen, Nineveh Governorate orchards destroyed and livestock decimated. Despite many Location constraints that hinder the agricultural recovery, it benefits from key opportunities in Nineveh Governorate, and Agriculture and Rural particularly in Al-Hamdaniya District. Poultry farming, fruit and Development , Employment vegetable production and, in general terms, activities to sector(s) diversify agricultural production are dynamic sectors. The economic recovery is also an opportunity to renew the Grant economic and commercial ties that existed before July 2014 financing tool(s) between the various communities and urban centers, first and Minka Peace and Resilience foremost Mosul and Erbil. Fund Financing program

DESCRIPTION 10 000 000 EUR Financing amount The overall objective of the project is to contribute to the 3 years revitalization of the agricultural and rural economy in Nineveh Duration of funding Governorate. It breaks down into three specific objectives on which the project components are based: ONGOING Status Facilitate access to finance for microenterprises and SMEs – particularly agricultural microenterprises and SMEs – in rural Mercy Corps areas and secondary urban centers in the Al-Hamdaniya Beneficiaries District of Nineveh Governorate so that they can restart their activities; Contribute to the rehabilitation of irrigated areas where mines have been cleared and other collective public infrastructure which has a structuring impact on agricultural sectors; Strengthen social cohesion by increasing intracommunity and intercommunity economic interactions.

IMPACTS

The project will have a positive impact on the relocation of microenterprises and SMEs and on the dynamism of trade on the Nineveh Plain. The beneficiaries will be selected to ensure that the various communities living in Al-Hamdaniya District are equally taken into account. The social cohesion actions will contribute to strengthening the collective ability to prevent and manage conflicts.

The project provides for substantial capacity building work for partner financial institutions.

The project also plans to build the capacities of the decentralized technical services of the Iraqi State and rehabilitate infrastructure which will, at local level, have a structuring and sustainable impact on the economy.