MICROCAPITAL BRIEF: IFAD Lends India’s Uttarakhand State $105m for Rural Enterprise Acceleration Project (REAP) to Address Incomes, Climate Resilience, Out-migration

The government of the northern Indian state of Uttarakhand and the UN’s International Fund for Agricultural Development (IFAD) recently partnered to launch the Rural Enterprise Acceleration Project (REAP) with the objective of reaching 560,000 households by “supporting smallholder farmers, agricultural laborers, and micro and small agribusinesses to start and expand competitive businesses” including by