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Northern Smallholder Livestock Commercialization Project: Rural Financial Services Programme

Northern Smallholder Livestock Commercialization Project: Rural Financial Services Programme

The government of the Lao People's Democratic Republic aims to increase the country's livestock production dramatically by 2020, in response to increasing demand for meat domestically and from neighbouring countries.

The programme will scale up commercially oriented livestock practices so that smallholder farmers can compete more effectively in regional markets and in import substitution. It aims to improve smallholders' access to rural financial services and strengthen farmers' groups; ADB will invest in critical infrastructure and technical support. Focusing on 12 high-poverty districts, the programme will establish smallholder livestock production and marketing groups and work with their members. Village-based saving and credit schemes will provide members with access to rural financial services, and technical and financial support will be tailored to ensure access by marginalized and poor villagers through Village Funds. 

The programme will strengthen support for women and ethnic groups through intensive training. The initiative will also involve livestock market studies, forage production, support for livestock breeding and land use planning.


Source: IFAD


Status: Ongoing

Approval Date

10 December 2016

Duration

2016 - 2022

Sector

Credit and Financial Services

Total Project Cost

US$ 40.66 million

IFAD Financing

US$ 10 million

Co-financiers (International)

Asian Development Bank US$ 21 million

Co-financiers (Domestic)

National Government US$ 1.91 million

Other Government US$ 2.4 million

Financing Gap

US$ 1.85 million

Financing terms

Highly Concessional

Project ID

1100001744

Project Contact

Thomas Rath


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Project design reports

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Supervision and implementation support documents

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