PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

599521

Primary Business Area

Access To Finance

Disclosure Date

Feb 24, 2014

Country

Tajikistan

Region

Central Asia and Turkiye

IFC Approval Date

Dec 11, 2013

Status

Completed

Estimated Total Budget

$5,071,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Feb 2, 2023

Project Estimated End Date

Jul 31, 2018

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.

Development Results

E&S Risks / Impacts and Mitigation