LIVESTOCK IV 2ND.STA

closed

The Fourth Livestock Development Project consists of the making of ranch development loans through participating banks to about 3,600 ranchers and farmers on the basis of ranch development plans; incremental working capital loans to participating farmers and ranchers; short-term loans to importers of rock phosphate, fertilizer and pasture seeds to be used in carrying out the ranch development plans; loans to contractors working on ranch infrastructure, and loans to farmers and seed processors for pasture seed machinery. Technical service and related goods will be provided to support the credit program, local training and the improvement of the meat processing industries. The continuation of the Government's livestock development program through the making of sub-loans to about 7,750 ranchers and farmers for the development of beef cattle, sheep, dairy beef, pig, and mixed livestock/crop production. Technical services and related goods will be provided to support the credit program, to provide local and overseas training, and to perform pre-investment studies.