AGR SERVCES/CREDIT

closed

The Agricultural Services and Credit Project's main objective will be to: (a) increase agricultural output, especially of commodities for which Chile enjoys a comparative advantage. It will also; (b) help small-scale farmers to increase their earnings, improve their living conditions and develop their farms into commercially viable production units. In addition, INDAP's financial and operational position would be strengthened. The project will provide investment credit for on-farm development and agroindustry, and short-term credit to small farmers. The project will include a comprehensive technical assistance program associated with credit to small-scale farmers, and assistance to INDAP for the completion of an electronic data processing system for portfolio management. INDAP will also be strengthened by carrying out a plan for the recovery of portfolio arrears.