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.
12 December 1984
1984 - 1989
Credit and Financial Services
Total Project Cost
US$ 49.95 million
US$ 6.95 million
Inter-American Development Bank US$ 37.5 million
National Government US$ 5.5 million