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Small Farmers' Credit Project II

Small Farmers’ Credit Project II

Built on the first Small Farmers’ Credit Project, this second project targeted farmers with less than 25 acres of irrigated land. The objective was to consolidate and expand gains made under the first project, increasing food production and raising living standards for small farmers through financial and technical assistance from the Agricultural Development Bank of Pakistan (ADBP). Specifically, the project worked to:

  • further strengthen the ADBP as a financial institution and expand credit to smallholder farmers
  • encourage the Government of Pakistan to introduce policies favouring smallholder farmers

The project helped increase agricultural production on farms of varying size. Cultivation methods were improved through mechanization, and incomes increased. The installation of tubewells helped reduce water-logging and salinity and boosted yields of rice and cotton, providing increased on-farm employment.

Source: IFAD


Status: Closed

Country

Pakistan

Approval Date

13 December 1983

Duration

1983 - 1987

Sector

Credit and Financial Services

Total Project Cost

US$ 661 million

IFAD Financing

US$ 25 million

Co-financiers (International)

World Bank: International Development Association US$ 47.77 million

Italy US$ 20 million

World Bank: International Bank for Reconsruction and Development US$ 10 million

Co-financiers (Domestic)

National Government US$ 558.23 million

Financing terms

Highly Concessional

Project ID

1100000138


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