Translated via Google – original source – Madagascar Tribune
The Prince Rahim Aga Khan, Executive Director of the Aga Khan Fund for Economic Development is currently visiting Madagascar, Antananarivo more precisely, since May 19, 2008. Monday, Prince Rahim, eldest son of His Highness the Aga Khan, began a series of meetings with the Malagasy authorities to discuss development projects undertaken by the Aga Khan Development Network (AKDN) in Madagascar and especially in areas of rural development and microcredit.
The First Microfinance Agency is part of the Akam, the Aga Khan Agency for Microfinance, an agency non-profit presence in over 15 countries in Africa, Asia and the Middle East.
In 2005, the Aga Khan Foundation (AKF) had launched a project of integrated rural development in the region of Sofia. The implementation methods of cultivation proposed by the AKF has allowed an average, more than double the yield of rice crops. In 2006, the Network in the region of Sofia, the First Microfinance Agency (PAMF) whose main objective is to contribute to immediate improvement and sustainable income of the poorest families.
It is always a pleasure to see His Highness doing so much for third world countries and they have benififted from all the help given to them, and his son too Prince Rahim Aga Khan too visiting other countries for the same
purpose and help to rural areas.
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