The “Food Value Chain Improvement Project” (FVCIP) is another JICA-funded project under Loan Agreement No. BD-P115 is included in the 41st ODA Loan package of the Japan Government. BIFFL is the sole implementing agency of this project. This project aims to facilitate access to credit for agribusiness and food processing industries to in turn enhance the quality and productivity of end products by providing concessional loans (total loan amount JPY11,218 million). Like other projects of JICA, this project also includes technical assistance for the capacity development of BIFFL as well as the food processing and value chain sector.
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.
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.
| 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 |
To learn more, please go through these documents:
Application Procedure for Loans
Contact Information:
Hotline: +88 01844 221669
Email: fvcip@biffl.org.bd