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SEF SugdAgroServe

Sector: Residential • Location: Tajikistan

Source: International Finance Corporation (IFC)

Project
Completed

The project consists of expanding the asset base of SugdAgroServe (SAS or the company), an existing client of IFC, to help meet the growing demand for funding by cotton farmers in Tajikistan. In April 2002, IFC helped establish SAS on a pilot basis to alleviate poverty among cotton farmers. SAS allows farmers to become shareholders and capitalize on profits by financing crop inputs at affordable

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The project “SEF SugdAgroServe” is an infrastructure initiative in the Residential sector, located in Tajikistan. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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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 expanding the asset base of SugdAgroServe (SAS or the company), an existing client of IFC, to help meet the growing demand for funding by cotton farmers in Tajikistan. In April 2002, IFC helped establish SAS on a pilot basis to alleviate poverty among cotton farmers. SAS allows farmers to become shareholders and capitalize on profits by financing crop inputs at affordable prices and selling their cotton in greater quantities and on better terms. The initial $502,000 was sufficient to provide crop input financing to about 1,200 hectares. As more farmers want to participate, the contemplated expansion and additional funding would enable SAS to service up to an estimated 3,500 hectares.

Original sub-sector

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Original Currency

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Original budget

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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

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