THA/01/171 - Food for life

Objective: A revolving credit fund will be set up to serve two villages in Thailand`s impoverished northeastern region. Revolving credit support will be provided to farmers from the two villages to allow them to purchase a variety of seasonal vegetable seeds, fertil

Background: The region has been particularly hit by Thailand`s economic crisis. The residents of the two villages have the agricultural knowledge to raise crops and care for livestock but lack the funds to purchase the necessary seeds, fertilizers and livestock. The

Use of Funds: The funds will be used to provide loans for local farmers between $25 and $50. $50 is the maximum amount that each farmer can borrow. All 300 men and women in the two villages will be eligible for the loans which will be used to purchase seeds, fertilizer

Beneficiaries: 300