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access to savings and credits, training and financial services. The emphasis on these programs has centered on organizations of small producers, to build up solidarity among them and their capacity for negotiating with others. They have also promoted alliances with business sectors with corporate social responsibility initiatives.
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In addition, CARE has also allowed producer families to gain access to credit to assist them in increasing production and gaining access to markets. 50% of this grant will be used to serve as finance cost to these farmers as loans while the rest will finance the cost of linking them to markets. In
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Programs have been put in place to achieve their mission. Small
Economic Activity Development (SEAD) creates income opportunities and increase economic security for those disadvantage people. SEAD assists them through granting access to business and financial training and resources. This includes
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Between 2005 and 2010, CARE worked with 58,570 households in the poorest and most excluded highland regions of the country, contributing to reduce the percentage of the population living with less than US$ 1 per day from 84% to 63%. Statistic from
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of 1,000 cocoa producers. They will be assisted by strengthening their productivity through management and technical skills. 266 jobs will be created for this project and 199 after the project excluding the 120 technical assistance jobs.
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for the poor is the access to credit in line with their characteristics and capacity. In 1998, CARE Peru assisted with the establishment of EDYFICAR, a financial entity to provide financial services to low-income sectors. In 2007, the
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demonstrated that small farmers with less than 3 hectares of land could be linked to existing markets, and therefore should be included in the compensation program that the government established after signing the
126:â the largest bank in the country â managed to acquire the majority stake in EDYFICAR. Since then, it has operated under the model of financial services aimed at the lowest income segments of the population.
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addition, another project will be targeting small organic cocoa producers to sustain their income and employment with the purpose of reducing income
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85:(MDG). CARE Peru's contributions were mainly through education, health care, access to safe water, reduction in
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CARE and its partners have also influenced decision-makers in the public sector. For example CARE and the
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showed that the percentage of poor Peru has dropped from 54.8% in 2001 to 31.3% in 2010 and
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311:"Sustainable Increases in the Income and Employment of Small Organic Cocoa Producers"
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and hunger. CARE works with the poorest 20% of the population to reduce inequality.
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118:. In 2009, its portfolio reached US$ 194 million, serving people in 13 regions in
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ranked EDYFICAR ninth among the top 100 micro-finance institutions in
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resumed work in 1970. Today, CAREâs programs focus on assisting the
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252:"CARE Impact Report 2005-2010 Latin America and the Caribbean"
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has fallen by 23.5 percentage points over the last decade.
297:"Access to Credit with Production Chains in Rural Zones"
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One of the biggest impediments in overcoming income
326:"BCP to acquire 77% stake in Financiera Edyficar"
212:"CARE PERU AND THE MILLENNIUM DEVELOPMENT GOALS"
148:National Institute of Statistics and Information
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353:. The Peninsula. 21 May 2011. Archived from
283:"Small Economic Activity Development (SEAD)"
328:. Business News Americas. Archived from
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382:Non-profit organisations based in Peru
324:Moreno, Maria Alejandra (2009-09-07).
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74:Population below poverty line (%)
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351:"Peru sees major drop in poverty"
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112:Inter-American Development Bank
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83:Millennium Development Goals
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124:Banco de CrĂ©dito del PerĂș
131:Ministry of Agriculture
35:, as no other articles
198:"Peru Country Profile"
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164:CARE (relief agency)
136:Free Trade Agreement
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170:References
50:; try the
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138:with the
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40:. Please
376:Category
158:See also
152:poverty
107:poverty
99:poverty
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33:orphan
31:is an
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