RURALINVEST
In recent years, locally designed and managed investment projects have assumed increasing importance as effective tools for sustainable rural development. Supporting local communities to conceive and implement their own projects - whether for income generating activities or for social investments - not only ensures greater ownership and commitment to those projects, but also strengthens the capacity of communities to contribute to and manage their own development. However, the increasing adoption of this approach by national governments, international financing agencies and rural banks has also highlighted the critical importance of providing adequate support and guidance to national technicians working with communities and other groups in identifying investment needs, defining potential projects, and developing them for external financing.
RuralInvest answers this need by offering a series of modules, developed over a number of years and tested extensively in the field, which provide such support through a range of materials and training courses, and include technical manuals, custom developed software and instructors guides. Modules currently in use or under development include:
Module 1: Participatory Identification of Local Investment Needs
Module 2: Preparing and Using Project Profiles
Module 3: Detailed Project Formulation and Analysis
Module 4: Monitoring and Evaluation of RuralInvest Projects
An associated training course "Assessing Demand for Rural Investments" is also available to assist technicians to evaluate market and non-market demand for project outputs.
Module 2: Identifying and preparing project profiles
Module 2 draws upon earlier participatory needs identification work described in Module 1 to guide users in the creation and use of specific project profiles. Designed to be created together with the communities and individuals seeking project financing, the profiles help applicants to turn general investment ideas into concrete project proposals, as well as to understand the key elements of a project. Using simplified formats for defining project investments, operating costs and, where relevant, income, the profiles allow a first assessment of feasibility and provide the basis for the subsequent preparation of detailed project proposals.
Further information on RuralInvest or other FAO Investment Centre products and services can be obtained from:
Director
Investment Centre Division
Food and Agriculture
Organization of the United Nations
Viale delle Terme di Caracalla
00100
Rome, Italy
Tel: (+39) 06 57055766
Fax: (+39) 06 57054657
E-mail: [email protected]
Web site: www.fao.org/tc/tci
FAO Web site: www.fao.org