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USAID | Afghanistan

From the American People

Agricultural Development Fund (ADF) and Agricultural Credit Enhancement (ACE)

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Program
Agriculture (Comprehensive Agriculture and Alternative Development)
Dates
August 2010 - December 2014
Partners

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


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