IFAD in Peru
Since 1980, IFAD has made eight loans to Peru for a total of US$124.0 million.
With the exception of one project in the Selva Alta, all projects have addressed the needs of small-scale farmers in the highlands, Peru’s poorest region.
Peru has also benefited from IFAD regional grants for rural development training.
IFAD strategy in Peru
IFAD’s strategy for Peru includes four main areas:
- to enhance farmers’ property and resources, IFAD promotes better natural resource management, supports land-titling projects and provides funds to solve conflicts on land tenure issues. It has introduced awards for innovation and for conservation of traditional knowledge
- IFAD projects work to improve access to services, such as technical assistance and financial services, by helping develop markets and the capacity to contract services locally, and by strengthening institutional and private-sector service providers
- to promote rural-urban linkages, IFAD helps small-scale entrepreneurs expand their non-agricultural activities and supports local farmers who establish agriculture-related enterprises in nearby small and medium-size towns
- IFAD fosters local development by making local institutions and communities responsible for decisions regarding project funds and implementation. IFAD transforms participation into empowerment by designing projects that transfer not only decision-making but also, more importantly, financial resources to community groups
Source: IFAD
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