Rural Development and Modernization Project for the Central and Paracentral Regions
Rural Development and Modernization Project for the Central and Paracentral Regions (PRODEMOR-CENTRAL)
This project is aimed at improving the living conditions of the inhabitants of 66 rural municipalities in the central and paracentral regions of El Salvador. To this end, the project will promote actions to:
stimulate the local economy by supporting the creation of profitable micro-enterprises, and improving agricultural production and marketing
develop human and social capital, through training and support for local participatory planning processes
rehabilitate the degraded environment and promote a more sustainable management of natural areas, particularly micro-watersheds.
To carry out these activities, participants will have access to credit with which they can finance their needs for specialized technical and commercial assistance.
This project will also help to consolidate the results of previous IFAD-supported projects in the country regarding rural finance and promotion of investment of remittances in rural development projects.
12 September 2007
2007 - 2019
Total Project Cost
US$ 38.37 million
US$ 14.56 million
Spanish Fund US$ 15 million
Beneficiaries US$ 3.39 million
National Government US$ 5.42 million