Rural Economic Development Project in the Central and Eastern Provinces - IFAD
Rural Economic Development Project in the Central and Eastern Provinces
The project will be implemented in 20 provinces in the country's central and eastern regions. Direct beneficiaries include 24,000 poor households of small-scale producers (19,000), as well as women, young people and landless campesinos (5,000).
The project goal is to reduce levels of poverty and extreme poverty in rural areas of the Dominican Republic by increasing the incomes and assets of poor men, women and young people.
Specifically, it aims to:
- promote and build the capacities of beneficiaries and their organizations
- contribute to access by small-scale producer organizations to dynamic markets and value chains
- improve the capitalization of small-scale farm producers, producer organizations and microentrepreneurs, by facilitating sustainable access to financial markets
The project is in line with the country strategic opportunities programme (COSOP).
Source: IFAD
Additional Data
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Total Project Cost
US$ 48.46 million
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IFAD Financing
US$ 14 million
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Financing terms
Ordinary
Co-financiers (International)
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Spanish Fund
US$ 16 million
Co-financiers (Domestic)
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Domestic Financing Institutions
US$ 9.46 million
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National Government
US$ 5.31 million
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Beneficiaries
US$ 3.69 million
Project Contact
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Ladislao Mr Rubio