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- Sustainable Rural Development Program for the Northern Region
Sustainable Rural Development Program for the Northern Region
Guatemala
Borrower | Guatemala |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Agriculture |
Approved | 16.12.2008 |
Signed | 19.12.2011 |
Status | Completed |
Loan Administrator | IFAD |
Executing Agency | National Peace Fund (FONAPAZ) |
Co-financiers | IFAD, Government, Beneficiaries |
OPEC Fund Contribution (US$m) | 15.00 |
Total Project Cost (US$m) | 40.45 |
Project activities will be carried out in 19 municipalities in Guatemala’s northern region and will include, among many others:
- institution-strengthening and capacity building measures for municipalities and community councils;
- provision of rural development and organizational training to poor communities, especially women and youth;
- carrying out of rehabilitation works on important infrastructure;
- construction of some 120 km of new roads;
- promotion of rural business development, particularly for small and micro-enterprises;
- strengthening and expansion of rural financial services; and