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Rural Development Project for the Southern Pacific Dry Region

Rural Development Project for the Southern Pacific Dry Region (PROSESUR)

The five-year programme helped reduce rural poverty in the dry region by increasing the income of poor rural families in 33 municipalities.

The programme helped the local communities promote:

  • sustainable use of natural resources systems by using technology suitable to this dry region
  • services to support agricultural production
  • viable off-farm activities linked to agriculture among landless families
  • a regional network of local non-conventional financial services for rural clients
  • a community development process that helped develop local institutions and strengthened participatory and self-managed initiatives of rural poor people
Source: IFAD

 


Status: Closed

Country

Nicaragua

Approval Date

07 December 1995

Duration

1995 - 2003

Sector

Credit and Financial Services

Total Project Cost

US$ 18.87 million

IFAD Financing

US$ 12.24 million

Co-financiers (International)

Inter-American Development Bank US$ 4.76 million

Co-financiers (Domestic)

National Government US$ 1.87 million

Financing terms

Highly Concessional

Project ID

1100000495


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