North Caucasus Microfinance Support Project

The summary for the North Caucasus Microfinance Support Project Federal Grant is detailed below. It contains information such as the Catalog of Federal Domestic Assistance (CFDA) number, who is eligible for the grant, how much grant money will be awarded, important deadlines, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed in the Grant Announcement Contact section. If these sections are incomplete, please visit the website of the government agency that is offering this grant.


Federal Grant Title: North Caucasus Microfinance Support Project
CFDA Number: 98.001
CFDA Description: USAID Foreign Assistance for Programs Overseas
Federal Agency Name: Russia USAID Moscow
Category of Funding Activity: Other
Category Explanation: Microfinance Development
Opportunity Category: Discretionary
Funding Opportunity Number: USAID-RUSSIA-ORD-11-0001-RFA
Document Type: Modification to Previous Grants Notice
Funding Instrument Type: Cooperative Agreement
Posted Date: Oct 06, 2010
Creation Date: Nov 03, 2010
Original Closing Date for Applications: Nov 19, 2010
Current Closing Date for Applications: Nov 19, 2010
Archive Date: Information not provided
Expected Number of Awards: 1
Estimated Total Program Funding: $4,000,000
Federal Grant Award Ceiling: $4,500,000
Federal Grant Award Floor: $3,500,000
Cost Sharing or Matching Requirement: No

Applicants Eligible for this Grant
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility
Qualified applicants must be Russian non-governmental organizations (NGOs). In support of the Agency's interest in fostering a larger assistance base and expanding the number and sustainability of development partners, USAID encourages applications from potential new partners, particularly if they are joined with a more experienced organization.
Grant Description
The Microfinance Support Project's objective is to build capacity to deliver microfinance services in targeted geographical regions of the North Caucasus (NC) and thus increase employment and incomes in the micro/small/medium enterprise sector (MSME) and reduce the threat of violent conflict by providing economic opportunities to those groups most likely drawn into conflict, and will be achieved through (a) improved and expanded microfinance services in the NC republics with increased outreach to larger population groups in the NC republics, and (b) improved enabling environment conducive for sustainable development and growth of microfinance in the NC.
Link to Full Grant Announcement
Information not provided
Grant Announcement Contact
Donella Russell Agreement Officer Phone 495-728-6296

Agreement Officer [drussell@usaid.gov]
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