Agricultural Credit Project

Agriculture Credit Project

The purpose of this project was to increase agricultural output – including the production of export crops in which Paraguay enjoys a comparative advantage – and to help improve the incomes and living conditions of small- and medium-scale farmers.

The project was designed to improve farmers' access to financial resources by:

• Establishing a country-wide agricultural credit programme to finance long-term credit for on-farm investments and short-term credit for operating costs
• Strengthening the staff, services and associated facilities of agricultural credit operations.

Source: IFAD