WASHINGTON, April 7, 2009 - The World Bank’s Board of Executive Directors today approved the following project: IDA Credit: US$30 Million Terms: Maturity = 35 years; Grace = 10 years Project Description: The Rural Alliances Project for Bolivia aims to improve accessibility to markets for poor rural producers in selected sub-regions of the country. The project consists of three components: (1) Financing technical assistance and training to provide the institutional and organizational support needed for the creation of productive alliances at the local level. The component will give a particular focus to the development of the institutional capacity of small producers to become partners in new marketing arrangements with the private sector. (2) Providing support for the implementation of the rural alliances prepared under the first component. (3) Efficient and effective coordination of the project and a Monitoring and Evaluation system which can measure the improved access to markets by poor producers, and growth in rural incomes. The additional funding will finance scaling-up of project activities to enhance development impact by expanding the project into two new sub-regions of the country and by co-financing a greater number of rural alliances in the original project area. The project development objective will not be changed. Media Contact Gabriela Aguilar (202) 473-6768 gaguilar2@worldbank.org For more information please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P111863 |
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