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The OPEC Fund
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Development
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  2. Cuzco-Arequipa Highlands Rural Development Project

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Cuzco-Arequipa Highlands Rural Development Project

Peru

Borrower Peru
Financing Type Public Sector
Instrument Project Loan
Focus Area Agriculture
Approved 19.11.1986
Signed 16.06.1987
Status Completed
Loan Administrator CAF
Executing Agency Agrarian Bank of Peru (BAP)
Co-financiers IFAD, WFP, Government
OPEC Fund Contribution (US$m) 3.00
Total Project Cost (US$m) 14.69

The project consists of the following components:

  • construction of irrigation canals and reservoirs;
  • provision of short-, medium- and long-term credit to farmers through a line of credit to the BAP;
  • provision of agricultural extension and training services;
  • improvement of marketing facilities and facilitating access to other markets;
  • purchase of vehicles and equipment; and
  • technical assistance.

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