Apply for funding
Apply for funding guide
Financing provided through the Lives and Livelihoods Fund will help lift millions of people out of poverty and save millions of lives. As the largest ever development initiative of its kind based in the Middle East, the Lives and Livelihoods Fund will help fight disease and poverty across the Muslim world. The Fund will make up to $2.5 billion available for projects to help the poorest people in Islamic Development Bank member countries lead healthier and more productive lives.
Financing resources to drive economic growth and raise living standards
The Lives and Livelihoods Fund scales up the proven concept of using grants to boost concessional lending – lending on terms substantially more affordable than loans at market rates – as a sustainable way to drive economic growth and raise living standards.
LLF countries of operation
Application process and requirements
The LLF finances sovereign projects, with governments of member countries being the applicants and beneficiaries. Projects are required to be from eligible countries and sectors.
The process for funding requests follows a routine procedure from the Islamic Development Bank (IsDB):
- File an official request for LLF financing for a proposed project which will be received by the IsDB governor office. The request must be accompanied by a technical proposal as well as other documentation e.g. feasibility studies, investment cases etc.
- The request will be forwarded to the relevant IsDB regional hub office and processed.
Applicants who need support in strengthening their technical proposal and project documentation can reach out to the IsDB regional hub or LLF Management Unit, and limited technical assistance can be provided from the LLF/IsDB through the LLF Project Preparation and Implementation Facility.
Guidance for concept notes will be made available in the downloads page.
Selecting projects to lift the poorest out of poverty
As economies stagger and aid budgets tighten, grants and official development assistance for lessening poverty are becoming scarcer and scarcer. The Lives and Livelihoods Fund looks to deal with this scarcity by financing projects especially aimed at freeing those trapped in poverty.
The Fund’s Impact Committee, backed by the technical expertise of the Islamic Development Bank and donor partners, ensures that the Lives and Livelihoods Fund finances projects that will make a difference to the poorest citizens in the least developed member countries.
Ensuring relevant and ready-to-go projects for delivering results
The Lives and Livelihoods Fund finances projects in health, agriculture, and basic infrastructure that meet three criteria: relevance, readiness, and results.
Relevance: Projects financed by the Lives and Livelihoods Fund align with the mandate of the fund, as well as the poverty reduction and sector strategy of the member country benefiting from the financing.
Readiness: Projects financed by the Lives and Livelihoods Fund are expected to be ready to go. The selection of projects assesses potential for effective delivery with quality and maturity of designs and activities being key considerations, as well as performance of previous interventions in the same countries and contexts.
Results: Projects financed by the Lives and Livelihoods Fund should make sustained impact, in the short-term and beyond, on the lives of ordinary men, women, and children on the ground, especially the marginalized and most vulnerable.
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