Tackling rural poverty, together

Extract

To develop, test and disseminate socially acceptable laws and procedures for revitalizing insolvent farms. The project conducted a rapid appraisal of farms’ financial performance, analyzed bottlenecks in the legal framework, and drafted a manual of procedures for tackling insolvency. It trained farm managers and local government officials and set up a mobile unit for disseminating the approaches developed outside the core project area. The procedures developed by the project were adopted by the inter-agency territorial commissions set up to address the issue of farm insolvency throughout the Russian Federation. In the five core districts, a joint effort by private and public individuals led to the revitalization of 14 farms.