table of contents
 |
|
 |
|
|---|---|---|---|
|
Eastern Economist Daily, Kyiv, Ukraine
KYIV..............Nadra bank and USAID signed an agreement through the five-year Development Credit Authority program for giving loans to farmers and suppliers of material and technical resources for ag production. The agreement was signed for U.S. $6 mn. The US government guaranteed compensation of 50% of the risks for the loans. Nadra Chair Ihor Hylenko said the bank would be able to give 720 loans to farmers nationwide. He added the maximum loan could not exceed US $60,000. U.S. Ambassador to Ukraine Carlos Pascual said the agree- ment signified Ukraine had undergone basic changes. He added farmers had become entrepreneurs and the banking sector realized small enterprises were the moving force of the economy. (I. Antypenko, Sept. 27)USAID is the United States Agency for International Development For further information about the Eastern Economist Daily click on http://www.easterneconomist.com/ For personal and academic use only.
|
|||
 |
 |