LVSTK II/FRUIT&VINEY

closed

Long-term credit would be provided: (i) to approximately 4,300 small farmers and ranchers who, either individually or as members of cooperatives, farm 12 basic ha of land or less. At least twenty percent of project funds would be earmarked for the use of approximately 2,500 minifundistas owning only five basic ha of land or less; (ii) to an estimated 500 medium-sized farmers and ranchers; and (iii) to some 80 agro-industries. The long-term credit provided under the project would finance on-farm improvements in the fruits, vineyards, beef, sheep and diary products fields as well as the installation, modernization or expansion of related agro-industrial facilities.