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Agricultural
Marketing and Credit Project
The first IFAD-funded project in Lesotho
was designed to complement the government’s Basic Agricultural Services
Project (BASP), which had the aim of providing small farmers with
farm support services and infrastructure essential to increase food
production. The aim of the IFAD project was to provide small-scale
farmers with crucial farm support services not provided by the BASP
project. These included assistance in the areas of input distribution,
marketing services and agricultural credit. The credit facility assisted
women who headed farming households to obtain help in the form of
labour and draught animals during the crucial period when the land
is being prepared for crops.
The project provided:
- working capital, along
with management and technical assistance, to Coop Lesotho Ltd to
meet farmers’ needs for efficient distribution of inputs such as
fertilizers and seeds
- a programme of seasonal,
short-term, medium-term and long-term credit administered by the
Lesotho Agricultural Development Bank (LADB), including management
and technical assistance
- funds for monitoring
and evaluation of activities
- institutional and
technical studies covering the development of the cooperative sector
and the feasibility of establishing a seed multiplication unit
Source: IFAD
email this article
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| Contact information |
Ms Fumiko Nakai
Country programme manager
IFAD
Via Paolo di Dono, 44
00142 Rome, Italy
Tel: +39 0654592283
Fax: +39 0654593283
f.nakai@ifad.org |
| Facts and figures |
Total
cost: US$7.7 million
IFAD loan: US$6.1 million
IFAD grant: US$330,000
Duration: 1981-1988
Geographical
area: lowland areas
Directly benefiting:
13,000 households
Status: closed |
| Partners |
- Coop Lesotho Ltd
- International Development Association (IDA)
- Lesotho Agricultural Development Bank (LADB)
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