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Agricultural and Industrial Rehabilitation Programme

The project provided the national financial system (Banco Nacional de Desarrollo) with credit resources to support the agricultural and livestock production of some 38,000 small and medium farmers. IFAD's resources helped finance 15,000 small farmers with holdings of 10 ha or less.

Funds were provided to finance the production of basic grains, oil seeds, fruit and vegetables, and commodities such as cotton, coffee, sugar cane and tobacco, to generate foreign exchange and provide employment.

The project also helped strengthen local capacities by providing credit, technology and extension service to small farmers.

Source: IFAD



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Contact information

Ladislao Rubio
Country programme manager
Via Paolo di Dono, 44
Rome, Italy
Work: +39 0654592575
Fax: +39 0654593575
l.rubio@ifad.org

Facts and figures

Total cost: US$83.5 million
Approved IFAD loan: US$12.0 million
Approved IFAD grant: US$500,000
Duration: 1980 - 1981
Directly benefiting: 38,000 households
Cofinancing:

  • Inter-American Development Bank (IDB) (US$37.0 million)
  • Venezuela (US$25.0 million)
Status: Closed