To encourage beneficiaries to participate in the financing of
livestock and market gardening activities, and with the aim of guaranteeing their sustainability, the intra-community financing initiatives (IFIC) approach consists in the financing of other producers’ activities by the beneficiaries of the initial subsidies through contributions in kind (animals) or in
cash, based on the products generated by the subsidized activity.
This approach is promoted by Solidar Suisse in its development projects. It is applicable to agro-pastoral production activities that do not require much investment.
Objectives
Developing local solidarity;
Promote the sustainability of activities through the funding of new beneficiaries’ activities by former project beneficiaries.
Prerequisites for implementing the approach
Potential beneficiaries’ support for the initiative
Minimum project duration: 2 years;
Type of activity: Individual activities.
Implementation process
Information/awareness-raising on the initiative;
Training and equipment for activity beneficiaries (in year N)
Monitoring of beneficiaries’ activities in year N;
Collection of contributions (in kind or in cash) from former beneficiaries in year N+2;
Financing of new beneficiaries’ activities in year N+2 by former beneficiaries from year N;
Organization of a ceremony to hand over contributions from former beneficiaries to new beneficiaries in year N+2.
Stakeholders in the implementation
Local project implementation partner (for awareness-raising, training-equipment, collection and endowment);
Solidar Suisse (promoter of the approach);
Beneficiaries of the activities.
Direct beneficiaries
Poor and vulnerable populations in project areas
Indirect beneficiaries
Family members of these direct beneficiaries
Benefits
Facilitates the financing of development activities;
Enables the effective participation and involvement of beneficiaries in project implementation;
Guarantee the sustainability of activities after project closure.