| BASATINE | |||
| Name of responsible organization: AFD | |||
| Website: | |||
| NATIONAL OR LOCAL | National | ||
| Starting year | 2021 | End year | 2025 |
| Short description The four-year project supports farmers and other value chain and associated sector actors in areas of Beqaa and Akkar focused on the production of wheat, cereals, and vegetables, seeking a territorial approach, and promotes linkages with other value chains. Through complementary interventions designed in alignment with the humanitarian-development-peace nexus, the project addresses: o Food insecurity and provides needed income and technical support to farmers to survive this tumultuous time along with access to finance. o Improving the capacity of food systems to maintain employment and growth in the longer term via stronger domestic production and system linkages |
What kind of activity does this measure finance?
| Creation of new businesses | No |
| Strengthening of existing businesses | Yes |
| Specific investments – specify type (i.e. innovation, research, environmental transition, hiring, internationalization, purchase of goods) | Yes: Agri-financing and green farming |
| Training activities | Yes |
| Other (specify) | Grants |
What type of financing is it?
| Low-interest loan (indicate the repayment time and, if present, the requirement for collateral) | Yes If Yes, repayment time (years): 24 months If Yes, requirement for collateral: personal guarantee |
| Non-repayable grant (indicate the percentage of non-repayable fund) | Yes If Yes, percentage of non-repayable fund: 100% |
| Tax credit | No |
| Other (specify) | No |
How does the activation of the measure work?
| One-stop means | |
| Call with closing date | X |
Financial entity of the measure (indicate the resources allocated)
| Overall amount | USD 14,000,000 |
| % facilitation for each recipient | USD 1,500,000 for access to finance |
| Minimum amount that can be financed | LBP 5,000,000 |
| Maximum amount that can be financed | LBP 50,000,000 |
| Origin of financial resources (European, State, Regional authority, Municipal authority, other) | AFD |
Type of funded social structure (indicate if belonging to a specific category is required in order, to access the measure)
| Female | Over 50 | Unemployed (specify any type) | Disadvantaged groups (specify type) | Youth (specify age range) | Other (specify) | |
| Individual | ||||||
| Company |
Does the measure provide for accompaniment and training or only financial support?
| Financial support + accompaniment/training | Yes |
| Only Financial support |
Is the measure considered a good practice and as such replicable in other national and / or international contexts?
| YES | Good practice for farmers |
How many initiatives have been financed in the last 3 years and for what economic amount?
| Number of initiatives Not started yet | Total economic amount Not started yet |
