From the American People
This $150 million agricultural credit project consists of two complementary activities. The first activity is a $100 million grant from USAID to the Ministry of Agriculture, Irrigation and Livestock (MAIL) that established the Agricultural Development Fund (ADF). ADF provides loans throughout the agricultural value chain through a broad range of partner intermediaries, including not only banks, but also non-bank channels such as farm stores, leasing companies, food processors, etc. The second activity is the $50 million technical assistance Agricultural Credit Enhancement (ACE) project, which manages all ADF lending activities in close collaboration with MAIL. ACE provides technical support to: a) assess credit applications, b) encourage the development of new lending products suited to the agricultural sector, c) strengthen value chains so they can better absorb ADF funds, and d) facilitate collaboration among agricultural lending organizations to better serve the needs of the agricultural sector.
Fact Sheet ACE Jun 2011
3 April 2012 | Bamyan, Afghanistan
USAID/ACE Potato harvesting in Bamyan CHALLENGE: Potato production is the mainstay in Bamyan province. Until 2010 productivity was low due...
18 January 2012 | Bamyan, Afghanistan
Despite a drought, farmers enjoyed better-than-expected yields due to the high-quality seeds and fertilizers made possible by timely distribution of low-interest Agricultural Development Fund loans.
4 January 2012 | Bamyan, Afghanistan
Better supplies, equipment, and techniques have boosted Bamyan’s potato yield by nearly 30 percent.
17 December 2011 | Nangarhar, Afghanistan
A USAID loan supported the company to increase its sales by 64 percent, created 67 full time jobs and provided 6,500 far households with access to agricultural machinery.
6 December 2011 | Nangarhar, Afghanistan
CHALLENGE USAID designed the Agricultural Development Fund to work through commercial banks and USAID/ACE Credit advisers discuss the concept of...
15 August 2011 | Kunduz, Afghanistan
ACEP/USAID A man inspects a pile of recently threshed wheat. Traditionally, seed producers deliver wheat seed to seed companies from May to...
23 April 2011 | Kabul, Afghanistan
USAID/ADF Haji Malang will use his new agriculture loan to expand his business and provide additional jobs. Haji Malang used his welding skills...
21 July 2010 | Kabul, Afghanistan
افغان بزګران به د ۱۰۰ میلیون ډالرو بلاعوضه مرستو له لاری چی د کرهنیز پرمختیایی بودیجی په نوم یادیږی او د متحده ایالاتو او افغانستان...
دهاقین افغان از طریق کمک مالی بلاعوض 100 میلیون دالری که بنام مساعدت مالی برای انکشاف زراعتی یاد میگردد و از طریق ایالات متحده و...
Afghan farmers will have more access to financial credit thanks to a $100 million grant, called the Agricultural Development Fund and financed through the United...
Last updated21 May 2012
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