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USAID Supports Afghan Financial Institutions through Agricultural Development Fund

· 1 min read · 231 views

Kabul, Irrigation, and Livestock (MAIL) is supportingthe Agricultural Development Fund (ADF) to provide long-term loans for the First Microfinance Bank (FMB) and the Afghan Rural Finance Company (ARFC) to fund expansion of their lending activities to Afghan farmers and to small- and medium-size agribusinesses. Through this program, each financial institution is receiving a $3 million loan.

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