Trade-Related Financial Services > Italy

In the period 2010 -2012 the Italian Cooperation has allocated approxmately € 1.2 million for five initiatives classifiable in this category.

Significant programmes are the following:

Credit access and support to the commercialization of agricultural production in Quiché - Guatemala

The project, implemented by “Istituto Agronomico d’Oltremare”, aims at improving trading and marketing of agricultural products in the Region of Quiché. A particular focus has been given to specific initiatives carried out to enhance the competitiveness of agricultural producers by providing technical assistance, financial credits and marketing, in order to improve food safety and income of the rural communities.

Main activities are the following: credit access; technical assistance; training and tutoring to rural communities; equipment assistance (greenhouses, irrigation plants, cold storehouses); handicraft promotion.

Beneficiaries are the following: rural communities of the municipality, 33 farmers associations, 1,686 direct beneficiaries and about 10,000 indirect beneficiaries.

Particular attention has been paid to women entrepreneurship.

For more information:

Web link: http://www.iao.florence.it/coop/dgcsprojects/projectpage.php?key=39

Credit access in the sector of microfinance (Soft loan plus grant) - Peru

The project aims at reducing the high levels of exclusion of rural communities in the regions of Huancavelica, Ayacucho and Apurimac (Centre-South) from formal financial systems, in order to improve standards of living and facilitate trade and access to market. The project relies upon a twofold strategy designed to strengthen both demand and supply by means of an inclusive and gender-based approach.

Main activities are the following:

  • Financial literacy support to direct beneficiaries;
  • Activation of a micro-credit/grant fund operating with local Micro Finance Institutions (MFIs);and
  • Capacity building and technical assistance lo local MFIs.

Local partners are the Ministry of Economy and Finance, the Development Financial Corporation – COFIDE and MFIs.