Agricultural Credit Project

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Agricultural Credit Project

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


Status: Closed
Country
Yemen
Approval Date
07 December 1989
Duration
1989 - 1998
Sector
Credit and Financial Services
Total Project Cost
US$ 42.31 million
IFAD Financing
US$ 15 million
Co-financiers (International)
Arab Fund for Economic and Social Development US$ 19 million
Co-financiers (Domestic)
Domestic Financing Institutions US$ 2.72 million
Beneficiaries US$ 5.59 million
Financing terms
Highly Concessional
Project ID
1100000253

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