4eme Ligne de Crédit à la Caisse Nationale de crédit agricole (CNCA)


Project Summary

Approval Date 16 Oct 1989
Signature Date 22 Feb 1990
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
Commitment U.A 56,160,000
Status Completion

Project General Description

This project concerns the fourth line of credit granted to the National Agricultural Credit Fund (CNCA) of Morocco by the AfDB. This intervention by the bank is part of CNCA's investment program (1981-1991), which is considered a privileged agricultural development in Morocco. It follows a series of Lines of Credit contracted as part of the national effort to mobilize resources for the development of the agricultural sector. The line of credit is intended to finance eight (8) types of operations namely: (i) small and medium-sized farms; (ii) cooperative units of agricultural production (livestock, arboriculture, cereal and industrial crops); (iii) farms owned by medium and large private farmers engaged in breeding, arboriculture, cereal and industrial crops; (iv) fishing sub-projects; (v) agri-food sub-projects; (vi) craft sub-projects; (vii) land registration subprojects; (viii) rural habitat sub-projects.

Project Objectives

The sectoral objective of the project is to promote agricultural development and improve national economic growth. Specifically, the project aims to promote agricultural development and modernize and rationalize the production system in rural areas, with a view ultimately to ensuring food self-sufficiency and improve the productivity of peasant farms.

Beneficiaries

The program will benefit directly from the Moroccan National Agricultural Credit Fund (CNCA).

Participating Organization

Funding
African Development Bank
Implementing
Caisse Nationale de Crédit Agricole

Information

IATI identifier 46002-P-MA-AZ0-005
Last Update 28 Oct 2020

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Geographic Location

Country Morocco