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
Country
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