U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID)
Loan is extended to Government of Republic of Korea to provide credit to Korean farmers and farm cooperatives to finance farm mechanization and improved storage facilities.
1971
Abstract
Insufficient credit for these agricultural inputs has been identified as a major obstacle to increased food grain production. Administration of credit program is conducted by national agricultural cooperative, the major source of rural credit and sole supplier of fertilizer to the Korean farmer.
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