WASHINGTON, July 28, 2009 - The World Bank’s Board of Executive Directors today approved the following project: IBRD Loan: US$30 million Terms: Maturity = 29.5 years; Grace Period = 6 years Project ID: P110617 Project Description: The Additional Financing for the Bahia State Integrated Rural Poverty Project for Brazil aims to increase social and economic opportunities for municipalities' rural poor by improving their access to basic social and economic infrastructure. The additional financing (AF) loan will help finance the costs associated with the scaling up of activities to enhance the impact of this project, which has performed well throughout its implementation period. The AF will continue to support basic, small-scale infrastructure investments for the rural poor while intensifying the focus on income-generating activities and the linking of small farmers to national and international markets. Media Contact Stevan Jackson (202) 458 5054 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=P110617 |
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