"The International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations, was established as an international financial institution in 1977 as one of the major outcomes of the 1974 World Food Conference.
IFAD's mission is to enable the rural poor to overcome poverty.
IFAD is dedicated to eradicating rural poverty in developing countries. IFAD focuses on country-specific solutions, which can involve increasing rural poor peoples' access to financial services, markets, technology, land and other natural resources."
Source: IFAD website