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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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