Chinese government grants Peruvian Ministry of Education ten thousand mountain bikes

Funder	China (People's Republic of)
Recipient Organization	Peru
Country	Peru
Start Date	Jul 19, 2008
End Date	Sep 23, 2031
Duration	8,466 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`37471`

Grant Description

On November 19, 2008, the Chinese Minister of Commerce and the Peruvian Minister of Foreign Relations signed letters of exchange, in which the Chinese government pledged to grant 10,000 mountain bikes to the Government of Perú.

The bikes were worth about 517,000 USD, with the grant aiming to raise teenagers' interest in sports and improve the sports level nationwide. Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.