Agricultural Credit Project - IFAD
Project
Agricultural Credit Project
Country
Panama
Sector
Credit and Financial Services
Approval Date
17 December 1981
Duration
1981 - 1987
Project ID
1100000090
Agricultural Credit Project
The objective of the project was to increase the incomes of poor small-scale farmers and strengthen farmers’ groups, cooperatives and associations by providing them with credit. Access to credit enabled the farmers and their association to invest in inputs, draught animals, machinery and vehicles, and other improvements in order to increase their productivity and production. This was the first of IFAD’s projects in Panama, and it was expanded in a second phase.
Source: IFAD
Additional Data
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Total Project Cost
US$ 45.3 million
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IFAD Financing
US$ 8.5 million
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Financing terms
Ordinary
Co-financiers (International)
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Inter-American Development Bank
US$ 29.5 million
Co-financiers (Domestic)
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National Government
US$ 7.3 million
