|Approval Date||16 Mar 1982|
|Signature Date||07 Oct 1982|
|Planned Completion Date||30 Jun 1986|
|Last Disbursement Planned Date||30 Jun 1986|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Agriculture and Rural Development|
|DAC Sector Code||31110|
The present project concerns an agricultural credit line of UA 10 million granted to the Caisse Nationale de Crédit Agricole to finance its operations during the 1982-83 marketing year. The project is expected to contribute to increased crop production that would increase income and thereby improve the socio-economic conditions of participating farmers. At the national level, it should help the Moroccan government achieve its goal of increasing production and food self-sufficiency.
The main purpose of the loan is primarily to enable small farmers to purchase inputs (seeds, fertilizers, pesticides) and pay the cost of field operations (land preparation, cultivation, harvest) associated with the production of cereals and sugarbeet /cane crops.
The direct beneficiary of the credit line is the Caisse Nationale de Crédit Agricole. In addition, the ultimate beneficiaries are the peasants.
African Development Bank
Caisse Nationale de Crédit Agricole
|Last Update||28 Oct 2020|