You are here

Islamic Development Bank's Lives and Livelihoods Fund (LLF)

The Lives and Livelihoods Fund (LLF), launched in 2016, was created to tackle poverty in the Muslim world. With over 30% of the world's impoverished people living in the Islamic Development Bank's member countries, the LLF will play a critical role in providing affordable financing for the least wealthy countries in the Bank's membership. LLF provides a combination of grants and concessional loans to support the poorest people by financing projects that improve health, increase agricultural productivity, or build basic infrastructure. By blending grants with affordable loans, the LLF unlocks capital for those that would not normally be able to access this level of financing.

Support provider 
IsDB's Islamic Solidarity Fund for Development (ISFD), the Bill and Melinda Gates Foundation, the Qatar Fund for Development, the King Salman Humanitarian Aid and Relief Centre, and the Abu Dhabi Fund for Development
Purpose of support 
Project and program implementation
Steps to access  

Islamic Development Bank countries are encouraged to apply for funding. For more information please contact Zahira El Marzouki (Zahira.ElMarzouki@gatesfoundation.org), Middle East Relations, Bill & Melinda Gates Foundation and Waleed Addas (WAddas@isdb.org, Head of the Lives & Livelihoods Fund Management Unit, Islamic Development Bank.

Climate objective 
Adaptation
Sectors and themes 
Agriculture, Industry and Infrastructure, Health
Type of support provider 
Multilateral
Type of recipient 
Public entity at the national level
Fund size 

USD 2.5 billion

Co-financing required 
No
Trustee or administrator 
Islamic Development Bank (IsDB)
Contact information 
https://www.isdb.org/partnership/lives-and-livelihoods-fund