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Participative Development and Rural Modernization Project

Participative Development and Rural Modernization Project

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The project area includes five of the poorest districts in the Province of Veraguas: Cañazas, Las Palmas, Santa Fe, San Francisco and Soná.

The project will work to empower poor rural people and their organizations by helping them participate actively in rural development. It will assist them in overcoming the challenges of persistent poverty, limited access to financial and non-financial services and markets, and exclusion based on limited citizenship rights. It will also improve rural people's income-generating potential and help small-scale producers market their products profitably.


Source: IFAD


Status: Closed

Country

Panama

Approval Date

24 April 2008

Duration

2008 - 2015

Sector

Agricultural Development

Total Project Cost

US$ 12.82 million

IFAD Financing

US$ 4.2 million

Co-financiers (International)

OPEC Fund for International Development US$ 1.8 million

Co-financiers (Domestic)

National Government US$ 6.45 million

Financing terms

Ordinary

Project ID

1100001389

Project Contact

Omaira Lozano


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Supervision and implementation support documents

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Interim (mid-term) review report

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