PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

564788

Primary Business Area

Access To Finance

Disclosure Date

Feb 22, 2011

Country

Ukraine

Region

Europe

IFC Approval Date

Sep 16, 2010

Status

Completed

Estimated Total Budget

$2,764,118.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Nov 1, 2010

Project Description

The project provides advisory assistance and capacity building to financial institutions in Ukraine. It helps enhance the institutions’ agri-lending capacity by: 1) developing agronomy-based credit risk management tools for banks to better understand agricultural production processes, ensuing risks, and corresponding funding needs for farms; 2) introducing bank-loan and financing products specifically for agri-lending, and corresponding credit policies and procedures; and 3) developing and providing training for bank loan officers on the use of these tools, products, policies, and procedures. The objective is to increase access to finance for farmers and thereby support farmers’ agricultural production. Specifically, it aims to facilitate at least $40 million of investments ($20 million by IFC) for about 150 loans to at least 100 separate farms by the end of 2014.