Laos

Climate Friendly Agribusiness value chains sector project : Financial Management Entity (FME)

The Laotian agribusiness sector is dominated by family-owned SMEs, which are severely constrained in their growth by a lack of access to affordable credit. The financial sector in turn is reluctant to lend to agribusiness perceiving this sector as highly risky. Through the interventions of the Project as described below, the risk averseness of the financial sector will progressively lower and the access to credit in the target provinces of Laos will gradually improve.

Small and Medium Enterprises Access to Finance Project

The development of a large, competitive and innovative SMEs sector is one of the key elements of Lao PDR’s long-term development strategy. As in other countries in the world, SMEs create most of the private sector jobs in the economy and are a critical element for poverty alleviation and shared prosperity. Despite impressive macroeconomic performance in the past years, most firms in Lao PDR still remain small.

Laos_Sustainable Rural Infrastructure and Watershed Management Sector Project (LAO 50236)

The core problem of the agriculture, natural resources and rural development sector in the Lao People’s Democratic Republic (Lao PDR) can be summarized as low agricultural productivity, quality, diversity, and unrealized trade potential, with a rapidly eroding natural resource production base due to physical, economic, and capacity constraints.

Laos_Sustainable Rural Infrastructure and Watershed Management Sector Project

The core problem of the agriculture, natural resources and rural development sector in the Lao People’s Democratic Republic (Lao PDR) can be summarized as low agricultural productivity, quality, diversity, and unrealized trade potential, with a rapidly eroding natural resource production base due to physical, economic, and capacity constraints.

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