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Friday, February 3, 2012

IFC provides N4.846B to Armenia's small scale farmers


Local micro, small and medium enterprises and agribusiness in Armenia received a loan of $30million, about N4.846billion from a member of the World Bank Group, International Finance Corporation (IFC).
This was revealed to NaijaAgroNet in a press release, IFC gives the loan to Armenia's ACBA-Credit Agricole Bank in order to support the bank's lending program in rural areas through its extensive network of branches in Armenia.
NaijaAgroNet gathered that the $30m loan is the second of its kind from the World Bank Group member, as IFC once provided the bank with a loan of $20million which was used in support of about 3,000 local clients. It is also gathered that IFC with the partnership of ACBA-Credit Agricole Bank established ACBA Leasing in 2003, the first leasing company in Armenia.
The loan is also provided in order to boost job creation in the country.
Stepan Gishyan, the CEO of ACBA-Credit Agricole Bank said the new loan will further increase the banks capacity for lending to micro, small and medium enterprises including agribusiness.
"With this new loan, IFC significantly emphasizes its role as one of our largest lenders. During these challenging economic times, lending to micro and small businesses is very important for both of our institutions," affirmed Gishyan.
 The Regional Head of IFC for Caucasus, Thomas Lubeck affirmed IFC's commitment to play an important role in supporting banks in emerging markets in order to help expand their lending programmes in priority sectors like agribusiness.
"With this second loan to the leading lender to the agriculture sector in Armenia in a short time span, we aim to support development of micro and small businesses, the sector that employs a significant part of Armenian workers,” Thomas Lubeck.
A total sum of $147million has been invested in 28 projects in Armenia since Armenia's membership with IFC in 1995.
'Yinka Awosanya
... Linking agrobiz, people & technology

60 comments:

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  25. We are major/Direct providers of Fresh Cut BG, SBLC, POF, MTN, Bonds and CDs and this financial instruments are specifically for lease and sale.We are one of the leading Financial instrument providers with offices all over Europe. 
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  26. Are you looking for a loan to clear off your dept and start up your own Business? have you being going all over yet not able to get a legit loan Company that will loan you? Here is your final solution, We can give you any amount you need provided you are going to pay back within the period of time given without any problem Contact us via email: magmafincropp@gmail.com
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  27. (BG) AND STANDBY LETTER OF CREDIT (SBLC) FOR BUY OR LEASE AT THE BEST AVAILABLE RATES
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  28. DEAR SIR

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  29. DEAR SIR

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  33. Pour remédier aux préjudices financiers subis sur internet, l'Organisme International de Répression Contre la Cybercriminalité et la Brigade d'enquêtes sur les fraudes aux technologies de l’information créés par les pouvoirs publics et en collaboration par Interpol mondial sont à la disposition de toute personne victime de toutes formes d'escroquerie sur internet. Contactez-nous directement à l'adresse suivante:

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  34. Que faire si vous avez été victime d'une arnaque sur internet ?


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  35. GENUINE BANK GUARANTEE (BG) AND STANDBY LETTER OF CREDIT (SBLC) FOR BUY OR LEASE AT THE BEST AVAILABLE RATES
    Dear Sir/Ma,
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  36. GENUINE BANK GUARANTEE (BG) AND STANDBY LETTER OF CREDIT (SBLC) FOR BUY OR LEASE AT THE BEST AVAILABLE RATES
    Dear Sir/Ma,
    We offer certified and verifiable financial bank instruments via Swift Transmission from a genuine provider capable
    of taking up time bound transactions.
    FOR LEASING OF BG/SBLC
    MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
    LEASING FEE = 4%+2%
    FOR PURCHASE OF FRESH CUT BG/SBLC
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    MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
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  38. GENUINE BANK GUARANTEE (BG) AND STANDBY LETTER OF CREDIT (SBLC) FOR BUY OR LEASE AT THE BEST AVAILABLE RATES
    We offer certified and verifiable financial bank instruments via Swift Transmission from a genuine provider capable
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    FOR LEASING OF BG/SBLC
    MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
    LEASING FEE = 4%+2%
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  39. Bonjour,
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  40. GENUINE BANK GUARANTEE (BG) AND STANDBY LETTER OF CREDIT (SBLC) FOR BUY OR LEASE AT THE BEST AVAILABLE RATES
    We offer certified and verifiable financial bank instruments via Swift Transmission from a genuine provider capable
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    FOR LEASING OF BG/SBLC
    MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
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  42. Pour remédier aux préjudices financiers subis sur internet, l'Organisme International de Répression Contre la Cybercriminalité et la Brigade d'enquêtes sur les fraudes aux technologies de l’information créés par les pouvoirs publics et en collaboration par Interpol mondial sont à la disposition de toute personne victime de toutes formes d'escroquerie sur internet. Contactez-nous directement à l'adresse suivante:

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  43. GENUINE BANK GUARANTEE (BG) AND STANDBY LETTER OF CREDIT (SBLC) FOR BUY OR LEASE AT THE BEST AVAILABLE RATES
    We offer certified and verifiable financial bank instruments via Swift Transmission from a genuine provider capable
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  44. GENUINE BANK GUARANTEE (BG) AND STANDBY LETTER OF CREDIT (SBLC) FOR BUY OR LEASE AT THE BEST AVAILABLE RATES
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    FOR LEASING OF BG/SBLC
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  46. We Facilitate Bank Guarantee (BG) & Standby Letter of Credit (SBLC)
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  47. GENUINE BANK GUARANTEE (BG) AND STANDBY LETTER OF CREDIT (SBLC) FOR BUY OR LEASE AT THE BEST AVAILABLE RATES
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    ReplyDelete
  50. Hello
    We are a trade finance company that uses our own credit lines to facilitate the issuance of financial guarantees like BG, SBLC, DLC and more. If our services will be of help to you, let us know so we can guide you with our process.
    Mobile | WhatsApp: +19893413179
    Email:mohammedahsan877@gmail.com

    ReplyDelete
  51. We offer certified and verifiable financial bank instruments via Swift Transmission from a genuine provider capable
    of taking up time bound transactions.
    FOR LEASING OF FRESH CUT BG/SBLC
    MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
    LEASING PRICE = 4%+2%
    FOR PURCHASE OF FRESH CUT BG/SBLC
    MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
    PURCHASE PRICE = 32%+2%
    Our BG/SBLC Financing can help you get your project funded,
    loan financing by providing you with yearly.
    RWA ready to close leasing with any interested client in few banking days
    I will be glad to share with you our working procedures.
    Name : Christopher Liam
    Email : trustedfinancemandate@gmail.com
    Skype : trustedfinancemandate@gmail.com
    WhatsApp: +13475948294

    ReplyDelete
  52. Dear Sir/Ma,

    We are project funder as well as financial lender. We have BG/SBLC specifically for BUY/LEASE at a leasing price of 4%+2% of face value Issuance by HSBC London and many other 25 top AA rated Bank in Europe, Middle East or USA. We also secure funding. Also We are into the provision of short term and long term business/personal loans for both small and large scale business funds.

    * FOR LEASING OF BG/SBLC
    MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
    LEASING FEE = 4%+2%

    * FOR PURCHASE OF FRESH CUT BG/SBLC
    PRICE = 32%+2%
    MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M

    Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.

    ROBERT BOUFFAD
    Email: Lendingtreemoney@gmail.com
    WhatsApp: +1(249)297-1637

    ReplyDelete
  53. Nouvelle rentrée scolaire, témoignage 2023


    Je vie avec des douleurs horribles mais tant que je suis en vie j'ai envie de me battre.
    Cette année j'ai décidée de chercher un moyen de travailler pour que mon fils commence bien la rentrée scolaire je ne sais pas encore comment faire mais je trouverais.
    Aujourd'hui mon soucie c'est que j'ai besoin d'une voiture pour handicapée
    Grâce a Dieu Madame THALIA CLAUDINE CATOR nous aidez, Nous tenons à vous remercier pour l’aide que vous apportez à mon enfant David. Lorsque le grand-père de David vous a contacté, vous avez été très à l’écoute.
    pour mon enfant nous avons obtenu un pret de 5,000€ pour sa rentrée scolaire et pour d'autre achat mon enfant et moi son très heureux je vous conseille de faire le bon choix afin de ne pas tomber sur les faux du net. veuillez donc le contacter pour eviter les arnaques.

    Merci à tous ceux qui témoignent d'elle; elle est une référence. vous pouvez sans crainte la contacter sur son

    e-mail: thalyacator@gmail.com



    Pour tout cela je vous remercie sincèrement.

    Meilleures salutations,

    ReplyDelete
  54. IF YOU NEED YOUR BG/SBLC/MTN DELIVERED THIS YEAR 2023, NOW IS THE BEST TIME TO APPLY

    FEES REQUIRED TO LIQUIDATE ASSETS IN ORDER FOR YOUR INSTRUMENT TO BE ISSUED.

    IF YOU ARE IN SEARCH OF BG/SBLC/MTN OR ANY FINANCIAL INSTRUMENT FEEL FREE TO REACH OUT TO ME AND I WILL BE MORE THAN HAPPY TO ASSIST AS I AM DIRECT TO VERY CREDIBLE AND RELIABLE PROVIDERS OF BG/SBLC/MTN AND OTHER FINANCIAL INSTRUMENTS.

    THANKS,

    ROBERT BOUFFAD
    Email: Lendingtreemoney@gmail.com
    WhatsApp - +1(970)582-1992
    #sblc #bg #financialinstruments #projectfinance #italy #spain #singapore #uae #dubai #finland #usdt

    ReplyDelete
  55. QUICK EASY EMERGENCY URGENT LOANS LOAN OFFER EVERYONE APPLY NOW +918929509036 financialserviceoffer876@gmail.com Dr. James Eric

    ReplyDelete

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