Strengthening the Microfinance Sector in Benin

Document Type:	Grants Notice
Funding Opportunity Number:	680-03-007
Posted Date:	Mar 27, 2003
Original Due Date for Applications:	Feb 28, 2003
	Closing Time: 5:00 PM Benin local time
Current Due Date for Applications:	Feb 28, 2003
	Closing Time: 5:00 PM Benin local time
Archive Date:
Funding Instrument Type:	Cooperative Agreement
Category of Funding Activity:	Business and Commerce Community Development Education Employment, Labor and Training Environment Health Natural Resources
Expected Number of Awards:	Not Available.
Estimated Total Program Funding:	Not Available.
Award Ceiling:	None.
Award Floor:	None.
CFDA Number:	000000 -- No Description Available
Cost Sharing or Matching Requirement:	Yes

Eligible Applicants

Unrestricted (i.e., open to any type of entity above), subject to any clarification in text field entitled "Additional Information on Eligibility"

Agency Name

Agency for International Development, Overseas Missions, Benin USAID-Cotonou, Department of State 2012 Cotonou Place, Washington, DC, 20521-2120

Description

The United States Agency for International Development (USAID) is seeking applications for a Cooperative Agreement from a U.S. organization that has an operational base in Benin or the sub-region for funding a program for Strengthening the Microfinance Sector in Benin.  The authority for the RFA is found in the Foreign Assistance Act of 1961, as amended.

The Recipient will be responsible for ensuring achievement of the program objective to strengthen Benin's microfinance sector.  Please refer to the Program Description for a complete statement of goals and expected results.

Pursuant to 22 CFR 226.81, it is USAID policy not to award profit under assistance instruments.  However, all reasonable, allocable, and allowable expenses, both direct and indirect, which are related to the grant program and are in accordance with applicable cost standards (22 CFR 226, OMB Circular A-122 for non-profit organization, OMB Circular A-21 for universities, and the Federal Acquisition Regulation (FAR) Part 31 for-profit organizations), may be paid under the grant.

Subject to the availability of funds, USAID intends to provide approximately $350,000.00 (three hundred and fifty thousand) in total USAID funding to be allocated over a one-year period.  Approximately one-third of this amount is to be devoted to reinforcing three or four microfinance institutions in rural areas.  USAID reserves the right to fund any or none of the applications submitted.

Link to Full Announcement

See FBO Full Announcement

If you have difficulty accessing the full announcement electronically, please contact:

Sika, Rosalind, Grantor, Phone 011-229-300-500, Fax 011-229-301-260, Email rsika@usaid.gov Sika, Rosalind

• AID OM listed by [Posted Date]
• AID Agencywide listed by [Posted Date]