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Programme for the Economic Development of the Dry Region in Nicaragua

Programme for the Economic Development of the Dry Region in Nicaragua

The programme will enable about 12,000 households of poor farmers and rural microentrepreneurs to participate in the planning and implementation of business and employment plans.

The programme promotes improved access to income-generating activities by:

  • strengthening the capacity of members of the target groups, particularly women and youth, to access labour markets
  • increasing the supply of rural financial and non-financial services

Source: IFAD

Status: Closed

Country

Nicaragua

Approval Date

10 April 2003

Duration

2003 - 2010

Sector

Rural Development

Total Project Cost

US$ 25 million

IFAD Financing

US$ 14 million

Co-financiers (International)

Central-American Bank for Econ.Integration (BCIE) US$ 4 million

Co-financiers (Domestic)

Domestic Financing Institutions US$ 4 million

National Government US$ 1.82 million

Beneficiaries US$ 1.18 million

Financing terms

Highly Concessional

Project ID

1100001256

Project Contact

Ladislao Mr Rubio


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