ME-L1190 : Second Program for the Financing of Rural Sector Production Restructuring and Investments Projects

The objective of the second program under the conditional credit line for investment projects (CCLIP) ME-X1021 is to help raise productivity in Mexico's rural areas by financing production restructuring, investment, and enterprise - and export-development projects. Accordingly, medium- and long-term credit resources will be channeled to the rural sector through FIRA's network of financial intermediaries to enable enterprisesparticularly micro, small, and medium-sized enterprisesin the rural agribusiness, commerce, and related services sectors to carry out their production restructuring, investment, and enterprise- and export-development projects. The CCLIP's objective is to promote private investment in production restructuring, investment, and enterprise- and exportdevelopment projects that boost productivity or promote more efficient use of natural resources, primarily in Mexico's rural sector, through long-term financing that facilitates a greater supply of credit for such investments under favorable conditions.