Project Number : 599521 IFC Approval Date : 12/11/2013 Country : Tajikistan Disclosure Date : 02/25/2014 Region : Europe and Central Asia Status : Active Business Line : Access To Finance Project Estimated End Date : 07/31/2018 Estimated Total Budget : $5,071,000.00 Last Updated Date : 05/08/2014 (Project budget includes all project-funded activities) Project Description : The ultimate goal of the Project is improved access to finance and market for farmers through improved capacity of farmers, supply chain aggregators and financial intermediaries in Kyrgyzstan, Tajikistan and Uzbekistan. The achievement of the goal will be demonstrated by (a) value of financing facilitated, (b) no. of farmers reached directly or through financial intermediaries and supply chain partners, and (c) aggregate value of revenue increase along supply chains. The goal is expected to be achieved through a programmatic approach with 2 key components: (a) Improved capacity of FIs. Under this component, the Project will work with financial institutions (FIs) to implement agri financing and risk management solutions with partner FIs, as well as train them on how to deliver value-added advice (cross-selling, agri-financing instruments etc.) to farmers-borrowers. (b) Enhanced capacity of farmers through supply chain aggregators as a means to improve their access to finance and markets. To achieve this, the Project will design solutions to address weaknesses of farmers, supply chain aggregators and address weak links with FIs. The Project will also train the aggregators to deliver training/advice to their clients/ farmers. The Project will focus on the most bankable agricultural products in Kyrgyzstan, Tajikistan and Uzbekistan. Implemented aggregator centric solution will be piloted then replicated in other regions and Project countries. Expected Development Impact : The overarching goal of the Project is to improve access to finance and access to markets for farmers producers of selected agricultural products through improving/developing supply chains in Kyrgyzstan, Tajikistan and Uzbekistan. Additionally, it is expected that the lessons learned from this project will be instrumental in developing similar projects/offerings within other regions/countries interested in offering agri-finance and value chain for the agricultural entities.
Project completion date : 2018-07-31 12:00:00
Major organization : INTERNATIONAL FINANCE CORPORATION (IFC)
Address : 2121 Pennsylvania Avenue, NW Washington, DC 20433 United States Website : http://www1.ifc.org
Country :United States
Financier : International Finance Corporation (IFC),