The objective of the Second Agricultural Post-Privatization Project for Kazakhstan is to enhance the access to commercial financial services by farmers or small and medium size rural enterprises. The project has five components: (i) rural financial advisory services, (ii) agricultural risk management, (iii) rural outreach by the mainstream financial institutions, (iv) rural micro finance development, and (v) project management. The project underwent a third order restructuring in January 2009 to reflect the following changes: (a) introduction of an advance disbursement mechanism for the participating financial intermediaries; (b) provision of working capital financing among the financial products offered under the credit line; and (c) increase in the sub-loan size under the credit line from US$100,000 to US$1 million. These changes to the implementation modalities have resulted in faster processing of the credit facility funds and enhanced capability to finance the agricultural production cycle.
Detalhes
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Data do documento
2010/10/04
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TIpo de documento
Documento do projeto
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No. do relatório
56578
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Nº do volume
1
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Total Volume(s)
2
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País
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Região
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Data de divulgação
2010/11/09
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Disclosure Status
Disclosed
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Nome do documento
Main report
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Palavras-chave
credit line;commercial bank;financial service;lines of credit;formal banking sector;Rural Advisory Services;working capital finance;subsidiary loan;primarily due;micro finance institution;
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