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- The Western Region Rural Development Project
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.