AGRIC.CREDIT II

closed

The project would provide funds during the three-year period (1977-80) to finance investments in fruit and vegetable growing, and livestock development in the individual farmer sector, and cold storage, grain drying facilities, fruit and vegetable processing plants, dairy and milk collection facilities, and meat and broiler processing plants in the social sector. The less-developed Republics and Province would receive half of the loan which is much larger than their share of the national agricultural product. 57 percent of the proposed loan would be allocated to the individual farmers, and a significant part of the percentage would reach the poorer farmers throughout the country.