PDAC Credit

PDAC Credit

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Agriculture Support

Production Incentive

Business Credit

Funding

The Commercial Agriculture Development Project (PDAC) aims to increase productivity and access to markets, enabling selected beneficiaries (micro, small and medium farmers), to strengthen production and commercialization, develop infrastructure, strengthen institutions and improve the business environment and project management

In line with the Executive's plan, in the implementation of initiatives that aim to foster the financing of the agricultural sector to increase national production, BFA signed a partnership with the Commercial Agriculture Support Project, becoming one of the commercial Banks approved by the World Bank to co-participate in the financing of the projects of the beneficiaries of the PDAC Program.

With this partnership, BFA makes available to its Corporate Clients yet another financing solution that leads to the potential increase of their business.

 

Purpose

Catalyze the potential of agriculture and agribusiness by supporting eligible entrepreneurs and Small and Medium Enterprises (SMEs) in the project areas in adopting better technologies, improving skills, accessing financial markets, and processing and marketing production.

Fundable Items

Investment projects by MSMEs operating in the value chains of corn, beans, soybeans, coffee, eggs and chicken and that are located in the Luanda-Malange and Luanda-North Huila corridor.

Conditions for Financing Operations by BFA

  • Maximum amount: equivalent in Kwanzas to EUR 470,000.00;
  • Maximum financing term: 120 (one hundred and twenty) months;
  • Grant period: during the duration of the Commercial Agriculture Support Project (PDAC), between 2020 and 2024;
  • Guarantees: must not exceed 150% of the value of the financing, including, when applicable, the guarantee from the Credit Guarantee Fund (FGC) to cover risk up to 65% of the outstanding principal.

 

Technical Information Sheet

For more information click here.

How to join

For more information, go to your nearest BFA Branch or call the BFA Hotline 923 120 120.

 

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