Ministry of Finance
Republic Tajikistan

Agriculture Commercialization Project Credit Line

On July 30, 2014, Republic of Tajikistan and World Bank have signed Grant Financing Agreement for Agriculture Commercialization Project (ACP) with total amount of US$ 22 mln.

The aim of the Project is to increase the level of commercialization of farm and agribusiness products by increasing the efficiency of specific value chains and production relations, through increased access to finance and capacity building of project beneficiaries.

The project consists of the following components:

Component I: Improvement of Technical Knowledge and Skills in Support of Commercialization;

Component II: Access to Finance for Agribusiness Enterprises and Small-Scale Commercial Farms;

Component III: Institutional Capacity Building and Project Management

It is important to note that State Institution «Project Implementation Unit for Access to Green and Rural Development Finance» under the Ministry of Finance of the Republic of Tajikistan implements Component II, Part A.

Credit Line, amounting to about US$8 million equivalent, with the objective to enhance access to predominantly medium and long-term finance for agribusiness enterprises and small-scale commercial farms, will be implemented under this Component. This would be done, by establishing and operating a credit line facility through Participating Financial Institutions (PFIs) to support (a) medium-term loans and leases for investment for financing modern technological plant and equipment; and (b) value chain financing products and value chain and productive linkage support.

Eligible Loans under the credit line include; a) the working capital loans; such projects include loans for fruits and vegetables; b) investment loans that consist of loans that are aimed for acquisition or renovation of existing agro equipment and machinery.

All farmers and agricultural organizations in the republic who wish to obtain loans under the Project may contact the following PFI:

1. LLC MDO "IMON international"

2. LLC MDO "Humo"

3. LLC MDO "Dastras"

4. LLC MDO "Muzaffariyat"

5. LLC MDO "Arvand"

6. LLC MLO "Oxus"

7. CJSC "The First MicroFinance Bank"

8. CJSC "Access Bank"

9. OJSC "Eskhata Bank"

In case, if you have any questions or for more information please contact the above listed PFI or Project Implementation Unit under the Ministry of Finance of Republic of Tajikistan.

Tel: +992 37 221 02 34;

Email: info@greenfinance.tj

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