AGRICULTURE CREDIT III

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The Third Agriculture Credit Project for Morocco will consist of eight parts: (a) medium-term lending program to individual small-/medium-sized farmers for on-farm investments consisting mainly of cattle, sheep, stables, draft animals and related equipment, wells and pumps and land improvement; (b) medium- and long-term lending to individual medium-/large-sized farmers for on-farm investments consisting of the same items as in (a) agricultural machinery and equipment for chicken breeding, beekeeping, and alfalfa processing; (c) medium-term lending for investments undertaken by farmers within the framework of comprehensive crop programs; (d) medium- and long-term lending for on-farm investments such as tractors, combine harvestors; and trucks (e) medium-term lending to associations of small farmers for agricultural machinery such as tractors and implements and a few combine harvesters; (f) fellowships and a monitoring consultant to assist CNCA (Caisse Nationale de Crrdit Agricole) in establishing a monitoring and evaluation system; (g) consultant services to assist CNCA in establishing a banking development program; and (h) consultant services and research equipment to assist the regional development office in developing an applied research program.