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Project for Strengthening Assets, Markets and Rural Development Policies in the Northern Highlands

Project for Strengthening Assets, Markets and Rural Development Policies in the Northern Highlands (Sierra Norte)

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This project aims to protect and enhance the natural and cultural heritage of poor rural households in the northern highlands of Peru. It also works to strengthen community organizations in rural areas and open new markets for entrepreneurial activities.

Specifically, the project:

  • Helps small-scale producers and entrepreneurs contract technical assistance to improve the production, marketing and management of rural enterprises
  • Provides financial and non-financial services to help rural poor people, mainly women and young people, develop new business initiatives and contract the services required to implement them
  • Reduces livelihood risks through promotion of savings and micro-insurance.

The project carries forward participatory and innovative approaches implemented in previous IFAD projects in the highlands region. These approaches include awards systems for allocation of resources and participatory community mapping for natural resource assessment.
 

Source: IFAD


Status: Closed

Country

Peru

Approval Date

13 December 2007

Duration

2007 - 2015

Sector

Agricultural Development

Total Project Cost

US$ 25.34 million

IFAD Financing

US$ 14.4 million

Co-financiers (International)

Global Environmental Facility US$ 1.72 million

ACTION AID US$ 1 million

Co-financiers (Domestic)

Beneficiaries US$ 1.21 million

National Government US$ 5.35 million

Local Government US$ 1.65 million

Financing terms

Ordinary

Project ID

1100001352

Project Contact

Jesus Quintana


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Supervision and implementation support documents

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Interim (mid-term) review report

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