EU and AFD launch a new ENPARD project in Georgia
Tbilisi. Access to finance by small-scale farms and cooperatives in Georgia were discussed at a project launch conference held in Tbilisi Marriott today. The 4-year project “Finance & Extension & Cooperative Development for Georgian Farmers (FinExCoop Georgia)” is funded by EU and L’Agence Francaise de Developpement (AFD) under the ENPARD Programme with a total budget of EUR 4 million. It aims at improving access to finance and agricultural extension services by small farms and cooperatives in Georgia. The project is implemented in partnership with Frankfurt School of Finance & Management, Mercy Corps and Rural Development for Future Georgia (RDFG).
This project is part of a global program aiming at improving financial inclusiveness and access to market for small-scale commercial farmers. The first component was financed by Proparco, AFD’s subsidiary dedicated to the private sector, through agro-credit lines extended to two major Georgian financial institutions.
Source: http://enpard.ge
