World Vision Canada

Published purpose

The goal of the project is to improve economic and social development in the district of Quiruvilca in the La Libertad region of Peru for local households, with a particular emphasis on women and youth. The project, which is implemented by World Vision Canada and co-financed by Barrick Gold aims to leverage the economic impact of mining operations in Peru by working with the local authorities to: 1) Build capacity and support the local government in decision-making that brings long-term benefits for the district. This involves training local leaders to prioritize community needs. A key outcome will be a strategic review of the local economic development plan to ensure it promotes economic sustainability. With strong community input and participation, the project will identify economic development initiatives in industries such as agriculture, aquaculture, transportation, to be funded by the national government (Canon Minero mechanism (mining royalties). 2) Support people to start small businesses and access micro-credit loans. Barrick Gold has provided $500,000 to support these income-generating activities. Approximately 766 families will benefit from business planning, loans, and training to manage the loans. The expected intermediate outcomes for this project include: 1) increased income and standards of living through improved engagement of men, women and youth in local community development; 2) enhanced institutional capacity towards economic development to support policy and program management; 3) improved cross sector partnerships between public, for profit and non-profit sectors for community development.