World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 

Agency Funds Small And Medium Farmers In Georgia

UN Agricultural Development Agency Funds Small And Medium-Sized Farmers In Georgia

New York, Jun 29 2005

A new project to increase incomes and agribusiness opportunities among small and medium-scale farmers in 300 rural communities in Georgia received $10 million, mainly in a loan, from the United Nations International Fund for Agricultural Development (IFAD).

The $34.7 million project will be financed by a $9.2 million loan and an $800,000 grant from IFAD to Georgia, bringing the total of IFAD funds in the Eastern European country to $25 million.

Rural poverty has been on the rise in Georgia since the collapse of the Soviet Union and its command economy because most rural farmers lack access to the resources they need to undertake commercial agriculture, such as capital, land, markets and appropriate technologies

In the four-year Rural Development Project, the loan would link rural communities with marketing chains, expand credit availability and improve land tenure, while the grant would expand rural financial services, IFAD said.

"Project activities will be concentrated in areas that produce commodities with high potential for agribusiness, such as cow's milk, apples, potatoes, hazelnuts and wine grapes," it said.

ENDS


© Scoop Media

 
 
 
World Headlines

 

Rohingya Muslims Massacred: Restrictions On Aid Put 1000s At Risk

Amnesty: The Myanmar authorities’ restrictions on international aid in Rakhine state is putting tens of thousands of lives at risk in a region where mainly Rohingya people are already suffering horrific abuses from a disproportionate military campaign. More>>

ALSO:

Werewolf: Gordon Campbell On North Korea, Neo-Nazism, And Milo

With a bit of luck the planet won’t be devastated by nuclear war in the next few days. US President Donald Trump will have begun to fixate on some other way to gratify his self-esteem – maybe by invading Venezuela or starting a war with Iran. More>>

ALSO:

Victory Declared: New Stabilisation Funding From NZ As Mosul Is Retaken

New Zealand has congratulated the Iraqi government on the successful liberation of Mosul from ISIS after a long and hard-fought campaign. More>>

Gordon Campbell: On The Current US Moves Against North Korea

If Martians visited early last week, they’d probably be scratching their heads as to why North Korea was being treated as a potential trigger for global conflict... More>>

ALSO:

Gordon Campbell: On The Lessons From Corbyn’s Campaign

Leaving partisan politics aside – and ignoring Jeremy Corbyn’s sensational election campaign for a moment – it has to be said that Britain is now really up shit creek... More>>

ALSO:

 
 
 
 
 
 
  • Pacific.Scoop
  • Cafe Pacific
  • PMC