Lives and Livelihoods Fund (LLF)
At the Islamic Solidarity Fund for Development (ISFD), we are committed to supporting initiatives that empower individuals and communities to break free from the cycle of poverty. The Lives and Livelihoods Fund (LLF), a truly transformative initiative by IsDB, ISFD, and other development partners, embodies this commitment in a remarkable way.
Fund Objectives
Launched in 2016 by the IsDB and its development partners, the LLF with a singular vision: to alleviate poverty for the most vulnerable populations within IsDB member countries.
Eight Years of Tangible Impact
Over the past eight years, the LLF has improved lives across 37 projects, impacting 22 countries and contributing to the achievement of nine United Nations' Sustainable Development Goals (SDGs). The US$1.4 billion invested in the first phase (LLF 1.0) has yielded significant results, bolstering livelihoods in IsDB member countries. Here are some key achievements:
- 5,037 hectares of arable land: Irrigated, developed, and cultivated in Morocco, Nigeria, Cameroon, and Indonesia.
- 40 million+ children: Immunized against polio in Pakistan.
- 7 million+ people: Expected to benefit from improved water and sanitation services in Guinea.
ISFD Contribution
The Islamic Solidarity Fund for Development (ISFD) emerged as a key driver in the LLF's success story. Demonstrating our unwavering commitment to poverty alleviation in Least Developed Member Countries (LDMCs), ISFD pledged a significant US$100 million grant to the LLF in 2015. This strategic contribution proved instrumental in attracting further resources from other donors, solidifying the program's financial foundation.
The impact of ISFD's support is tangible. In 2021 alone, six LDMCs – Bangladesh, Benin, Chad, Côte d'Ivoire, Mali, and Togo – benefited from critical LLF projects implemented with ISFD's backing. These projects addressed fundamental needs in sanitation & hygiene, food security, maternal & child health, and rural electrification.
ISFD Propelling the Initiative Forward: LLF 2.0
Recognizing the LLF's transformative impact, the ISFD stepped forward again in 2023 with a significant contribution of US$150 million towards the program's second phase – the LLF 2.0. This strategic investment aims to propel LLF to even greater heights. Our contribution takes a two-pronged approach:
US$50 million “Concessional Loan”: Providing member countries with affordable funding options.
US$100 million “Temporary Cash Waqf”: A unique financial instrument where investment returns are exclusively directed on a grant basis towards LLF 2.0 initiatives, ensuring a sustainable source of funding.