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.
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.
USD 2.5 billion