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The objective of Small Infrastructure Projects
(SIP’s) was to increase access of poor communities to infrastructure
for improving their livelihoods through efficient and
productive use of local resources. For this purpose
a Community Investment Fund (CIF) was established to
finance the Small Infrastructure Projects through participatory
process. The involvement of local stakeholders in identifying,
planning, executing & monitoring community infrastructure
projects greatly empowered them, especially the women.
Sharing based process leading to sub-project investment,
maintenance & use, enhanced social capital through
the formation of cohesive community organizations which
were effectively used to deliver microfinance services.
The
Small Infrastructure Projects were undertaken on equity
participation of 40% from the Community Organization
against the total project cost while 60% cost was funded
through the Community Investment Fund (CIF). A Service
Provider was engaged to work on technical side of the
projects and as a result 1569 SIP’s were completed
during the period of Fund. These projects include Roads & Bridges
(122), Farm irrigation (689), Domestic Water Supply
(164), Drainage & Sewerage (27), School Building
(49), Rural Electrification, Computer Centers, PCO’s
and Community Halls (518).
* During 2006; the Government
of Pakistan decided to establish an Emergency Livelihood
Restoration Fund (ELRF) in order to respond to the
aftermath of the earthquake in Pakistan on October
08, 2005. For financing ELRF, the State Bank of Pakistan
transformed the CIF into ELRF. Consequently entire
funds of CIF Income Account were diverted to ELRF.
In view of the above, the CIF has ceased its operation,
effective April 04, 2006. |