IFAD in the Bolivarian Republic of Venezuela
IFAD has approved six loans to the Bolivarian Republic of Venezuela for an approximate total of US$80.0 million. The organization also approved two technical assistance grants in 1991 and 1998 for the Regional Training Programme in Rural Development, implemented by the Foundation for Training and Applied Research in Agrarian Reform (CIARA), which is part of the Ministry of Agriculture and Land.
IFAD’s mandate to reduce poverty by improving the living conditions and incomes of poor rural people faces vigorous challenges and opportunities. IFAD works in partnership with the government and other donors, financing programmes and projects that target the poorest of the poor, particularly small farmers, landless people, indigenous peoples and ethnic minorities, and rural women in general. CIARA, one of IFAD’s principal partners in recent rural development projects, plays an important role as administrator of decentralized development programmes for the country's Ministry of Popular Power for Agriculture and Land.
The main aims of IFAD’s strategy are to:
- enable small farmers to increase their household income by providing them with access to technical assistance and financial and market services that support agricultural production and other income-generating activities
- build and strengthen grass-roots organizations among farmers, women and communities to support community-driven development and ensure that poor rural people have a voice in local and national economies
- promote sustainable use of natural resources in semi-arid zones through rehabilitation, conservation and improved management
- maintain an active and systematic policy dialogue on rural poverty reduction and development to stimulate the design and implementation of programmes based on IFAD’s experiences
Source: IFAD
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