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The OPEC Fund
for International
Development
  1. Operations
  2. The Western Region Rural Development Project

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The Western Region Rural Development Project

Guatemala

Borrower Guatemala
Financing Type Public Sector
Instrument Project Loan
Focus Area Agriculture
Approved 02.12.2003
Signed 11.05.2006
Status Completed
Loan Administrator IFAD
Executing Agency Ministry of Agriculture, Livestock and Nutrition (MAGA)
Co-financiers IFAD, Government, Beneficiaries
OPEC Fund Contribution (US$m) 10.00
Total Project Cost (US$m) 48.00

This project aims to develop the country’s agricultural sector and reduce rural poverty levels in the Western Region. A large number of sub-components will be carried out with a focus on encouraging the participation of women and indigenous populations. institution strengthening and capacity building; teaching youth basic labor skills; offering training in management and marketing to small and micro-enterprise owners; establishment of a Social Investment Fund to finance community-based projects; and setting up of aProductive Capitalization Fundto help implement micro and small-scale schemes, including irrigation systems, small dams and wells, and the construction of farming terraces.

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