FVCIP

BIFFL

Food Value Chain Improvement Project

Project Objective

The objective of the Project is to improve credit access for agribusiness and food processing industries and promote a higher value of processed food products, thereby contributing to the enhancement of competitiveness of agribusiness and food processing industries through the improvement of the food value chain in Bangladesh.

Project Outline

The project approaches the achievement of its objectives from two angles: 1) provision of two-step loan (TSL) as concessional financing to agribusiness and food processing industries; and 2) provision of capacity building to agribusiness and food processing industries.

Loan Features

Lender	BIFFL
Borrower	Any business or company meeting the eligibility criteria of the Project
Currency	Bangladeshi Taka (BDT)
Amount	Maximum BDT 500,000,000
Term	Long term loans: Up to 10 years Medium term loans: Up to 5 years
Interest rate	Not exceeding 6%
Repayment, Security and other terms	To be determined by agreement between BIFFL and End-Borrowers in compliance with the rules and regulations in Bangladesh