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South Africa
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South Africa

Department: Lending and Investment
Project Name: Credit Project for Small Farms (South Africa)
Project Description: The TaiwanICDF provides a US$15.4 million loan to strengthen rural banking services in South Africa, aiming to enhance rural households' revenue generation through financing productive activities.

Project Objectives: The project aims to:
1. Structure agricultural supportive systems for farmers to promote fair and equitable access to agricultural opportunities.
2. Promote entrepreneurship in the agricultural sector with focus on crop commercialization and enhanced production  and market opportunities.
3. Reach out to rural areas and support small-scale farming.
4. Improve food security and nutrition consumption of poor rural families.
Executing Agency: Development Bank of Southern Africa
Implementation Arrangement: The TaiwanICDF loan is channelled through Development Bank of Southern Africa and further on-lent to farmers in certain areas of South Africa. The loan is guaranteed by the Republic of South Africa.
Signing Date: 1994/11/29
Projected Benefits: Improve farmers' access to more production resources and market opportunities through a commercial-oriented approach.
Sector: Production Sectors
Sector Item: Agriculture, Forestry and Fishing
Borrower: Development Bank of Southern Africa
Cooperating Country: Africa, South Africa
Cooperating Organization: Development Bank of Southern Africa (DBSA)
Project status: Completed projects
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  • Date Updated:2016/1/27