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Panama Agro Solidario Credit Program

Start Date: 27/03/2020
End Date: 30/06/2024

Description

The loans approved under this special program will be at a 0% interest rate per agricultural cycle. The program is aimed at promoting the agricultural, livestock and artisanal fishing sectors. Activities for the agricultural sector will be financed (basic grains, roots and tubers, vegetables, bananas, and primitive bananas). Similarly, the livestock sector (swine, fattening cattle, breeding cattle, dairy cattle, poultry, sheep and goats, beekeeping and artisanal fishing) will be granted loans for an amount of up to 100 thousand balboas at 0% interest.

Action scope

National

Evaluated

No

Stage

Implementation- Ongoing

Temporalidad

Short-term

Number of Years

4 - Year -s

Related elements

Budget in USD

Budget in USD
$46,343,892.00
Counterpart Budget
$0.00
Total Budget
$46,343,892.00
Annual Average Budget
$11,585,973.00
Financing Sources Financing Types
Panama government Public budget

Institutions

Institutions Institutions rols
Banco de Desarrollo Agropecuario (BDA) Execution and operation
Banco de Desarrollo Agropecuario (BDA) Financing-investor

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