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LIVESTOCK

Sector: Raw Materials • Location: Mexico

Source: World Bank Group

Project
Closed

The project consists of supplementing the resources of the Fondo to make medium and long-term loans to agriculture through private banks which carry all the risk except the foreign exchange risk which is borne by the government. Whereas AID funds would be used by the Fondo for loans to farmers earning under pesos 100,000 per annum, the Bank's funds would be used for loan to farmers normally farmin

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The project “LIVESTOCK” is an infrastructure initiative in the Raw Materials sector, located in Mexico. Taiyo aggregates data on it from World Bank Group.

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Participants

Sponsoring Agency

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Company

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Status

Original status

closed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The project consists of supplementing the resources of the Fondo to make medium and long-term loans to agriculture through private banks which carry all the risk except the foreign exchange risk which is borne by the government. Whereas AID funds would be used by the Fondo for loans to farmers earning under pesos 100,000 per annum, the Bank's funds would be used for loan to farmers normally farming 50 to 100 ha of irrigated land or its equivalent in dry land farming or ranching, with an annual income of pesos 100,000 or more, as well as for loans to businessmen processing foods and fibers. About one-half of the bank funds have been earmarked for livestock industry investments, 20 per cent for general crops industry investment, 10 per cent for processing facilities, 8 per cent for tree crops and the balance for technical services and unallocated.

Original sub-sector

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Original Currency

USD

Original budget

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Procurement method

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Budget

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Location

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County

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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