Co-operative societies are the direct recipients of the Project.
The co-operative societies deemed eligible to the financing of Productive Sub-Projects under PIDMA are basically those topped by a Board of Directors. However, the Project in general provides support to producer organizations.
Criteria governing the eligibility of co-operative societies to the financing of productive sub-projects shall be as follows:
- Legal existence: the applicant co-operative society must show proof of its registration into the co-operative societies’ register held by the services of MINADER;
- Legal access to land: the applicant co-operative society must produce legal documents attesting to its access to land;
- Minimum commercial activity: the applicant co-operative society must justify at least three years of professional experience gathered at least in one of the value chains targeted by the Project (to be testified by the submission of technical and financial progress reports) ;
- Financial and institutional capacities: the applicant co-operative society must be backed by a paying bank (document showing bank details), be able to transfer a contribution in cash into its account for a minimum of 10% of the cost of sub-project and to produce the minutes of the General Constituent Meeting, its articles of association and Internal Regulations;
- Functional accounting and financial management: the applicant co-operative society must be based on a functional accounting and financial organization (receipts and expenditure book) and be able to produce the financial statements of the last three years;
- Operational and statutory organs: the applicant co-operative society must justify that its statutory organs are effectively operational (minutes of General Meetings and of the Executive Bureau) ;
- Ability to steer collective activities: the applicant co-operative society must have steered or co-ordinated at least one collective activity to the benefit of member producers;
- Services provided to members: the applicant co-operative society must provide the following services to its members: supply of inputs, commercialization, plough, processing.
The indirect recipients of the Project are made up of actors/stakeholders who intervene on the one way or another in the cassava, maize and sorghum value chains. These are, inter alia:
- Agri-business ;
- Research institutions ;
- Financial institutions;
- Leasing corporations ;
- Service providers ;
- Key public services.