UN Project in Brazil Will Help 100,000 Poor from Northeast

More than 100,000 poor Brazilians are expected to benefit from a United Nations-backed development and income-generating project in the semi-arid northeastern region of Latin America’s largest and most populous country.

The US$ 47 million Northeast Rural Family Enterprise Development Support Project will be partly financed by a US$ 23 million loan from the UN International Fund for Agricultural Development (IFAD) under an agreement signed last week at the Rome headquarters of the agency, which is dedicated to eradicating rural poverty in developing countries.

The Brazilian Ministry of Agrarian Development will contribute US$ 22 million to the program while US$ 2 million is to be invested directly by project participants.

Some 20,000 poor people will participate directly in the project to create and consolidate family-owned rural enterprises, with 100,000 people expected to benefit as a result of increased incomes, improved living conditions and multiplying effects within the regional economy.

The Northeast is home to the largest concentration of poor rural people in Brazil, a country with a total population of some 188 million. The project will initially be implemented in the Xingó area and help poor families involved with the development of small agro-industries and other rural enterprises to enhance their business skills and increase their incomes.

It offers an alternative to many poor rural people who do not have access to enough land or have lost their farming jobs due to mechanization or diversification in production, IFAD Country Program Manager for Brazil, Jean-Jacques Gariglio, said.

Some have already moved on and started their own small rural business, but in many cases they need technical assistance or access to credit to strengthen their enterprises or to create new ones that could lift them out of poverty. The project will work to strengthen organizations of rural entrepreneurs and help them to identify and promote new business opportunities.

There are already some 600,000 rural small enterprises and micro-enterprises, both formal and informal, in the Northeast, most of them the result of women’s initiatives, including food products and textile handicrafts. With this loan, IFAD will have provided funds for six projects in Brazil since 1980, totaling about US$ 141 million.

Tags:

Ads

You May Also Like

US Treasury Secretary Has Only Praise for Brazil

The United States Secretary of the Treasury, John Snow, affirmed Monday, August 1st, that ...

Casa Rosada in Buenos Aires, Argentina, the seat of government

Argentina Had Veto Power over Brazilian Deals with Uruguay

The Brazilian initiatives proposed by President Luiz Inácio Lula da Silva during his Monday ...

Brazil’s Paranaguí¡ Is the Country’s Third Port in Export Revenues

Among Brazilian ports with the largest contribution to the country's export revenues the Port ...

tum-tum tum-tum

he’s a littlejesuschrist lying down like this doesn’t even look like a child the ...

Brazil’s Lula Tells Military Not to Fear Witch Hunt But Yields to Their Pressure

He’s not promoting a “witch hunt” said the president of Brazil, Luiz Inácio Lula ...

Brazil’s Trade Balance Surplus Reaches US$ 35 Billion, a 11% Fall

According to data supplied by the Brazilian Ministry of Development, Industry and Foreign Trade, ...

After a Year of Protests Brazil Enters 2014 Ready to Welcome the World

It has been quite a year in Brazil. The country experienced huge demonstrations as ...

Why My Fellow Brazilian Expats Should Head Back Home to Brazil

When did Brazilians become so afraid of adapting? We constantly hear our fellow Brazilians ...

Brazil Authorizes Power Bill Increases of Up to 16%

The electricity sector regulatory agency (Aneel, Agência Nacional de Energia Elétrica) has completed a ...

Fed Up with Brazil and Brazilians Google May Close or Block Orkut

Brazilians make up 65% of Orkut’s 26.5 million subscribers. As some people know Orkut ...