News

FAO and Alide will improve access to credit for agricultural SMEs in Latin America and the Caribbean

Peru
Innovation & Technology
Published Apr 13, 2024

Tridge summary

The Food and Agriculture Organization of the United Nations (FAO) and the Latin American Association of Development Financial Institutions (Alide) have entered into a partnership, signing a letter of intent to enhance access to credit for small and medium-sized agricultural enterprises in Latin America and the Caribbean. This collaboration focuses on fostering agricultural transformation and sustainable rural development through effective financing strategies, financial inclusion, and the implementation of the FAO's 'Hand in Hand' program. The program aims to stimulate public and private investments in agri-food systems that are more efficient, inclusive, resilient, and sustainable. The agreement, signed at Alide's headquarters in Lima, Peru, underscores the critical role of cooperation between development financial institutions and the FAO in promoting sustainable development and ensuring food security in the region.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Food and Agriculture Organization of the United Nations (FAO) and the Latin American Association of Development Financial Institutions (Alide) have signed a letter of intent to collaborate on initiatives aimed at improving access to credit for small and medium-sized businesses agricultural. This collaboration seeks to accelerate agricultural transformation and sustainable rural development in Latin America and the Caribbean. The deputy director general and regional representative of FAO for Latin America and the Caribbean, Mario Lubetkin, and the secretary general of Alide, Edgardo Álvarez, participated in the signing ceremony, which took place at the Alide headquarters in Lima, Peru. In addition, the FAO representative in Peru, Mariana Escobar, and the Senior Liaison and Regional Political Affairs Officer of the FAO Regional Office, Pablo Rabczuk, participated. With the signing of this document, the institutions seek to promote the strengthening of strategies for effective ...
Source: AgroPeru
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