|Approval Date||17 Jun 1986|
|Signature Date||25 Jun 1986|
|Planned Completion Date||30 Jun 1994|
|Last Disbursement Planned Date||30 Jun 1994|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Agriculture and Rural Development|
|DAC Sector Code||31110|
This operation, which concerns the bank's third agricultural credit line with the National Agricultural Credit Fund (CNCA), will enable it to continue its action towards the Moroccan peasant world. This loan, which will be the largest in the year 1986 granted to Morocco by the ADB, will be used to finance part of the foreign exchange costs of CNCA's program of operational activities covering the period 1986-1988. This support is in addition to the efforts of other donors (the World Bank and the German Cooperation Fund) to help CNCA respond effectively to the expectations of thousands of farmers.
The aim is the modernization of agriculture as a whole.
The main beneficiaries of the operation are CNCA, farmers and the Moroccan Government.
African Development Bank
Caisse nationale de crédit agricole (CNCA)
|Last Update||22 Nov 2020|