IFAD, EU and Hamkorbank join forces to transform remittances into rural business opportunities in Uzbekistan
Agricultura
The International Fund for Agricultural Development, the European Union, and Hamkorbank, launched a landmark programme to boost rural entrepreneurship and expand financial inclusion targeting nearly 4,000 remittance-receiving households and returnees — migrant workers that came back to their place of origin — in Uzbekistan. Through a new remittance-based credit scoring model, the money sent back home from family members working abroad and the returnee savings will be recognized as proof of
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