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.