WASHINGTON, June 17, 2008- The following project was approved today by the World Bank’s Board of Executive Directors: IDA Credit: US$30.0 million equivalent TERMS: Maturity = 20 Years; Grace Period = 10 Years PROJECT DESCRIPTION: The Rural Competitiveness Project will (a) support pre-investment activities to create and consolidate productive alliances among rural producer organizations (RPOs) and commercial partners; (b) provide subproject grants to co-finance the implementation of approximately 150 feasible business plans; and (c) support incremental costs associated with project administration and monitoring and evaluation, including the set-up and implementation of a participatory monitoring and evaluation system. The development objective of the project is to contribute to increased productivity and competitiveness among organized rural small-scale producers through their participation in productive alliances. For more information, please call Stevan Jackson at (202) 458-5054 or e-mail here at Sjackson@worldbank.org For more project information please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P101209 |
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