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To contribute effectively to the financing of microfinance projects at the grassroots level, the CBOS has signed microfinance contracts with 15 microfinance institutions from the first installment with 50% of the loan of the Arab Fund for Economic and Social Development (AFESD) of a total $ 50 million used mostly for funding microfinance projects. This loan will be used in the rural projects that contribute to combat poverty among the economically active poor classes.The first phase will fund small and micro projects through 4 microfinance institutions providing funds for customers in the localities of Khartoum State and 11 other state institutions that provide finance for microfinance customers in most of the other States of the Sudan.