Agricultural Credit Project - IFAD
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Project
Agricultural Credit Project
Country
Yemen
Sector
Credit and Financial Services
Approval Date
07 December 1989
Duration
1989 - 1998
Project ID
1100000253
Agricultural Credit Project
The project assisted the Cooperative and Agricultural Credit Bank (CACB) by providing it with the foreign exchange required to procure inputs to meet the needs of small farmers and artisanal fishermen. The project also assisted the CACB in improving its capacity and its institutional, financial and managerial capabilities to extend loans to small farmers who produce high-value cash crops and livestock, and to fishers.
Source: IFAD
Additional Data
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Total Project Cost
US$ 42.31 million
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IFAD Financing
US$ 15 million
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Financing terms
Highly Concessional
Co-financiers (International)
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Arab Fund for Economic and Social Development
US$ 19 million
Co-financiers (Domestic)
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Domestic Financing Institutions
US$ 2.72 million
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Beneficiaries
US$ 5.59 million