Lao PDR – Smallholder Development Project Additional Loan

News Brief | 22 November 2011

The Asian Development Bank has approved the following additional loan for the Smallholder Development Project:


Agriculture is the lifeblood of the economy, accounting for about 40% of gross domestic product and over 70% of employment. The additional funds will be used to consolidate and expand ongoing project investments in sustainable small agribusinesses which are helping to boost agricultural productivity, increase incomes, and reduce rural poverty.


$5 million equivalent from the Asian Development Fund.