Results
As stated in the objectives, TAFF is launched to support partner financial institutions in implementing sustainable agricultural lending techniques and building up a sound agricultural loan portfolio. Furthermore, TAFF’s purpose is to contribute to the restructuring of the Tajik agriculture. Here positive externalities have been generated due to introduction of innovative financial products Institutional Group Lending and Value Chain Finance.
From 2007 to December 2011, a total of 13,100 agri-loans have been disbursed totaling more than USD 41,2 million, since the launch of the project in late 2007. Some 34 % of the loans have been disbursed to cotton farmers and 66 % to non-cotton farmers. As of December 2011, 311 loan officers, 21 agronomists and 98 trainees and 16 trainers have been trained under TAFF methodology in 8 partner institutions. The development of TAFF portfolio can be seen from the table below:

TAFF has also been contributing to the reform agenda. TAFF has been able to push its ideas both within the donors' community and the government. The implementation of the new financial mechanisms has led to legislative initiatives regarding mortgage and the transformation of land use rights into marketable instruments. The emergence of products alternative to traditional cotton and their value as a precious asset fostered those initiatives.
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