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- Livestock and Rural Finance Development Project
Livestock and Rural Finance Development Project
Bosnia-Herzegovina
Borrower | Bosnia-Herzegovina |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Agriculture |
Approved | 21.11.2000 |
Signed | 26.02.2002 |
Status | Completed |
Loan Administrator | UNOPS |
Executing Agency | Ministry of Agriculture Water Management and Forestry |
Co-financiers | IFAD, Government, Beneficiaries |
OPEC Fund Contribution (US$m) | 5.00 |
Total Project Cost (US$m) | 25.09 |
This loan will co-finance a pilot project to assist the rural poor by supporting the development of small-scale commercial livestock production and providing rural credit. Seven under-developed communities in traditional livestock-raising areas will participate in the pilot project. Activities will be aimed at directly supporting livestock production and dairy farming. This will include:
- establishment of producers’ associations to facilitate access to markets and credit services; and promote the development of self-managed, village-based savings and credit associations to provide small loans for micro-enterprises;
- reconstruction of infrastructure such as schools, health clinics, water supply and electricity lines.