PE Sierra Rural Development Project

closed

The project objective is to improve the assets and economic conditions of approximately 53,600 rural families in the selected areas of Apurimac, Ayacucho, Huancavelica, Junin, Huanuco, and Pasco, and strengthen government capacity to implement an integrated Sierra development strategy. The project has three components. Component 1 (Rural Businesses) will award demand-based financing for small subprojects proposed by groups of rural producers to build strategic productive alliances and increase market access and income. Component 2 (Community Development) will award demand-based financing for small subprojects proposed by communities and groups of families to increase basic agricultural and livestock production that will improve their socioeconomic and food security. Component 3 (Sierra Coordination, Project Management and Monitoring) will finance consulting and non-consulting services, goods, and operational overhead required to execute the project and monitor project performance and outcomes and support the national government's efforts to harmonize the entire portfolio of nationally and internationally financed projects and activities related to rural development in the Sierra.