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- Rural Business Development Project
Rural Business Development Project
Bosnia-Herzegovina
| Borrower | Bosnia-Herzegovina |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Agriculture |
| Approved | 23.09.2014 |
| Signed | 27.04.2016 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| Executing Agency | Ministry of Agriculture, Water Management and Forestry |
| Co-financiers | IFAD, Government, Municipalities/Benef |
| OPEC Fund Contribution (US$m) | 5.35 |
| Total Project Cost (US$m) | 30.22 |
To help subsistence farmers transition to commercial farming and develop non-farm enterprises. This will increase incomes of about 20,000 rural households in 47 municipalities. Components of the project include:
- rural business support - comprising training for 6,000 smallholder farmers and strengthening producer associations and agriculture cooperatives
- creating jobs for women and unemployed youth
- providing access to financial services to smallholder producers and rural entrepreneurs
- providing 16,000 households with improved access to roads, water and sewerage and irrigation facilities