Jose Dolores Castillo, a coffee producer and member and third assembly representative of the "Sendero de Luz" rural savings bank, located in El Playón, Ajuterique, explains the advantages of being associated with the rural savings bank.
The "Sendero de Luz" was one of 66 financial institutions benefitting from the digitalization campaign carried out through the RPSF. Jose claims that, as a result, the "development of production has been very significant, and that all transactions are made with greater agility".
The RPSF is a short-term strategy that feeds into IFAD’s longer-term development objectives. It aims to improve the food security and resilience of poor rural people by supporting production, market access and employment and to accelerate their recovery from the COVID-19 crisis.
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