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The OPEC Fund
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  2. Livestock and Rural Finance Development Project

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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.
Over 20,000 households are expected to benefit from the project.

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