RURAL CREDIT IV

closed

Closed

The main objectives of the Fourth Rural Dredit Project are: (a) to stimulate growth and diversification of agriculture by financing investments by farmers, collectives, and enterprises; and (b) to promote efficiency of rural financial intermediation through introduction of sound, market-oriented policies, and development of the main institutions concerned with rural savings mobilization and lending. The project funds will be used to provide subloans to expand production of commercial agricultural products including crops, livestock and fisheries, and for agroprocessing and marketing facilities mainly in the Autonomous Region of Inner Mongolia, five provinces of Shaanxi, Lianoning, Jilin, Jiangxi and Guangdong, and Beijing municipality. The project also provides technical assistance to the Agricultural Bank of China to continue its institutional development, focussing on broader issues in financial management, loan policies and procedures, management information system, and human resource development, and make important contributions to special emphasis areas including environment protection and poverty alleviation.

World Bank Group

Project

Raw Materials, Commercial, Government