WASHINGTON - The following project was approved today by the World Bank’s Board:
CREDIT AMOUNT: US$8.1 million
TERMS: Grace period = 10 years; Maturity = 40 years
PROJECT DESCRIPTION: The loan’s objective is to expand the level of activity of processing, marketing, and trade enterprises downstream of the farmgate, increase the number of producer organizations, and build trade linkages between producers, primary and secondary level trade organizations. Two project components – one for Market Development, the other for Access to Credit Component – will extend credit lines to be disbursed through participating financial institutions. For more information, please call Merrell Tuck-Primdahl at (202) 473-9516, or email: mtuckprimdahl@worldbank.org. For project information documents, visit: http://web.worldbank.org/external/projects/main?pagePK=104231&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P049724
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