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INDICATOR: Value of Loans disbursed to Clients from Agricultural Loan Fund (US$ 35,000,000)
ANNUAL TARGET
(Apr 09 – Mar 10)
ACTUALS TO DATE
(October 09 – Dec 09)
CUMMULATIVE ACTUALS
TO DATE
US$ 15,000,000 US$ 2,093,515.81 US$ 12,707,915.90
ACTIVITY STATUS NEXT STEPS
i. Process ACP Draw-Down
Requests
ii. Coordinate activities of
Consultants and IEs engaged
in Loan Disbursement
• An amount of US$
2,093,515.81 was disbursed
through PFIs, bringing the
cumulative disbursement to
US$ 12,707,915.90.
• MiDA Management approved
modalities to commence
Disbursement under the Grant
to PFIs in support of the
setting up of Loan Offices.
• Coordinated the activities of
PFIs, BoG, MoFA, CMC,
RICs, TTSPs, and FBOs/SMEs
to improve disbursement.
• Held Meetings at the National
and Zonal levels to coordinate
activities of both Agric and
Credit Teams.
• Increase the number of PFIs
actively participating in ACP
• Increase disbursements to
PFIs for eligible Beneficiaries
(to meet Quarterly Target)
• Implement arrangements to
disburse under the Grant to
PFIs in support of the setting
up of Loan Offices
• Enhance coordination of
Agric Team’s Business
Planning Training with the
Banking Sector
• Continue with regular
Meetings to coordinate
Program and Zonal level
Activities of both Agric and
Credit Teams.
INDICATOR: Number of Loans disbursed to Clients from Agricultural Loan Fund (540)
ANNUAL TARGET
ACTUALS TO DATE CUMMULATIVE ACTUALS
(Apr 09 – Mar 10)
(October 09 – Dec 09)
TO DATE
270 55 279
INDICATOR: Number of Clients receiving Loans from Agricultural Loan Fund (16,050)
ANNUAL TARGET
ACTUALS TO DATE CUMMULATIVE ACTUALS
(Apr 09 – Mar 10)
(October 09 – Dec 09)
TO DATE
13,000 2,171 9,744
ACTIVITY STATUS NEXT STEPS
i. Process Business Plans of
FBOs graduating from the
Commercial Development
of Farmer-Based
Organizations (CDFO)
Training Program.
• An additional 55 Loans
(covering 2, 171 Clients) were
disbursed, bringing the
cumulative to 269 (9, 744
Clients).
• Process the Business Plans of
420 FBOs (21,000 members)
that graduated in August and
298 FBOs (14,000 members)
that graduated in November
from the Stage I (Business
Plan and Skills) Training.
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