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MODULE 3 RuralInvest Investment Centre Division |
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Rome, Italy December 2005
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The designations employed and the presentation of material in this information product do not imply the expression of any opinion whatsoever on the part of the Food and Agriculture Organization of the United Nations concerning the legal or development status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. |
All rights reserved. Reproduction and dissemination of material in this information product for educational or other non-commercial purposes are authorized without any prior written permission from the copyright holders provided the source is fully acknowledged. Reproduction of material in this information product for resale or other commercial purposes is prohibited without written permission of the copyright holders. Applications for such permission should be addressed to the Director, Investment Centre Division, FAO, Viale delle Terme di Caracalla, 00100 Rome, Italy or by e-mail to [email protected]
© FAO 2005
1. INTRODUCTION TO RURALINVEST
A. The Purpose of RuralInvest
B. The Special Nature of Rural Investments
C. Type and Scale of Projects Appropriate for RuralInvest
D. The RuralInvest Modules
E. RuralInvest Users
2. THE DETAILED FORMULATION AND EVALUATION PHASE
A. Main Elements of Formulation and Evaluation
B. Software Scope and Requirements
C. A Brief Warning
3. ESTIMATING DEMAND AND BENEFITS
A. Estimating Demand in the Presence of Markets
B. Estimating Demand in the Absence of a Market
4. EVALUATION AND SELECTION OF TECHNOLOGY
A. Reconfirmation of the Scale of the Project
B. Choosing the Production Technology
C. Experience and Capacity of the Applicants
D. Maintenance and Repair
5. SUSTAINABILITY AND ENVIRONMENTAL IMPACT
A. Why Consider Environmental Impact?
B. What is Environmental Evaluation?
C. Procedures and Stages of Environmental Evaluation
D. Assessment Stages for Category B and C Projects
E. Special Cases
F Monitoring Environmental Impacts
G. Specialized Support and Environmental Studies
H. Social Impacts of Rural Investment Projects and Sustainability
I. The Sustainability of Non-Income Generating Investments
6. ESTIMATING COSTS AND INCOME
A. Verification and Classification of Costs
B. Assigning Costs and Income by Activity
A. Credit Requirements
B. Loan Characteristics
C. The Changing Value of Money over Time
8. ORGANIZATION AND MANAGEMENT OF THE INVESTMENT
A. Ownership Structure
B. Supervision and Oversight
C. Daily Management
D. Technical Assistance and Managerial Support
9. FINANCIAL ANALYSIS AND THE PREPARATION OF RECOMMENDATIONS
A. Measurements of the Investment’s Feasibility
B. The Impact of Taxes
C. Preparation of Recommendations
10. PREPARATION FOR THE INVESTMENT AND BEYOND
A. The Importance of Support and Follow-Up
B. Reaffirmation of the Commitment of the Applicants
C. Accompanying the Applicants in Financial Negotiations and Seeking Legal Permits
D. Support in Preparing a Start-up Plan
E. Purchase and Contracting of Goods and Services
F. Follow-Up to the Implementation Process
APPENDIX 1A: ENVIRONMENTAL CATEGORISATION OF PROJECTS
APPANDIX 1B: CHECKLISTS FOR ENVIRONMENTAL ASSESSMENT