AG CREDIT VI (AP-65)

closed

The objectives of this project would be to strengthen BAP, substantially increase the flow of agricultural credit in support of the Government's efforts to accelerate the growth of the sector and improve the living conditions of Peru's farmers. The project would provide both working capital and medium- and long-term investment credits to individual farmers and cooperatives for all types of crop and livestock operations. It would also include agroindustrial projects. The project would include technical assistance and training to improve the efficiency of BAP's operations. Finally, studies would be undertaken to: (i) design a rediscount facility in BAP to help stimulate commercial bank lending for agriculture; and (ii) complete preparation of a sugar rehabilitation project.