Growing together: Integrating farmers into value chains with sustainable finance

Growing together: Integrating farmers into value chains with sustainable finance
HomeEventsAgro Finance Value Chain project to support farmers was launched in Kyrgyzstan

Agro Finance Value Chain project to support farmers was launched in Kyrgyzstan



Agro Finance Value Chain project to support farmers was launched in Kyrgyzstan

On April 25, the “Value Chain Agro-Finance ” project was officially launched in Kyrgyzstan, worth 37 million euros.

The project will help farmers and businesses gain access to long-term agricultural investment loans in local currency and to improve the quality of domestically processed agricultural products.

The German development bank KfW provides a EUR 10 m grant to the Kyrgyz Government, which will be used for lending for selected partner financial institutions. In addition, the European Investment Bank (EIB) will provide a EUR 22 m credit line.

This will be supported by EUR 5 m from the Investment Fund for Central Asia (currently known as APIF – Asia Pacific Investment Facility), funded by the European Union (EU), to support the agro-finance sector and allow farmers and agribusinesses to update equipment and apply modern technologies in their work.