$10 million to help small farmers in Lesotho (African Agriculture)

Read at :

http://www.africanagricultureblog.com/2012/01/lesotho-new-financing-aims-to-help.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+africanagricultureblog%2FNaEx+%28African+Agriculture%29

Lesotho: new financing aims to help rural farmers

The United Nations agency that works to improve the lives of the world’s rural poor is providing $10 million to help small farmers in Lesotho boost agricultural production.

The agreement signed in Rome between the International Fund for Agricultural Development (IFAD) and the Government of Lesotho comprises a $5 million loan and a $5 million grant to increase market opportunities for smallholder farmers and improve production in four of the tiny nation’s 10 districts.

(continued)

Advertisement

About Willem Van Cotthem

Honorary Professor of Botany, University of Ghent (Belgium). Scientific Consultant for Desertification and Sustainable Development.
This entry was posted in Agriculture, financial aspects, IFAD, microfinance - franchising, small-scale farming. Bookmark the permalink.