Monday, March 13, 2017

IFAD to provide US$24.3 million to improve integration of family farmers into new value chains in Argentina

Improving sustainable integration of small-scale producers into emerging value chains is the aim of a financial agreement signed here today between the International Fund for Agricultural Development (IFAD) and the Government of Argentina. Some 8,000 rural families (around 37,600 people) will benefit from the programme, that will focus particularly on vulnerable groups, especially indigenous peoples, women and youth. The total cost of the programme, on the economic integration of family producers of northern Argentina, known as PROCANOR, is US$38.9 million, including a $24 million IFAD loan and a $330,000 grant for research and knowledge management. The project is co-financed by the Government of Argentina ($11.4 million) and by the beneficiaries themselves ($3.2... Read More