IFAD's multi-donor Financing Facility for Remittances (FFR) is pleased to launch the Migrant Contributions for Development Call for Proposals 2024 for the Kyrgyz Republic to:
- maximize the developmental impact of remittances by increasing access to these transfers through digital methods, promoting digital and financial inclusion
- promote migrant returnees' access to income-generating activities, particularly in rural areas.
Either individual proposals for the Kyrgyz Republic, or regional proposals covering one or more Central Asian countries -Tajikistan, Uzbekistan and Kazakhstan- are eligible.
Interested applicants may present project proposals that respond to at least one of the four PRIME Central Asia objectives specified below:
Objective 1: Accelerate the full use of digital products and the digital payments ecosystem to support international remittances received.
Objective 2: Enhance the availability of financial products adapted to the needs of rural and most vulnerable remittance recipients.
Objective 3: Enhance knowledge and confidence of remittance senders and receivers towards digital and financial products through targeted, cost-effective education programs.
Objective 4: Sustainable reintegration of returnees measured by levels of economic self-sufficiency, social stability, and psychosocial well-being that make their further migration decisions a matter of choice, rather than necessity.