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Value Chain Financing in Agriculture: Experiences of the Agricultural Cooperatives in South Korea

Agricultural value chain finance (AVCF) has been considered a very important aspect in rural finance.This is commonly observed in different agricultural production, processing, post production and marketing systems of various commodities and other related activities. Because of this, the Asia-Pacific Rural and Agricultural Credit Association (APRACA) through the IFAD-supported FinServAccess project started to document best practice on agricultural value chain finance of its member countries.

Presently South Korea agricultural value chain finance best practices, initiatives, strategies and trends were documented to showcase how financial institutions and other interest groups supported the productivity, profitability and sustainability of agricultural commodities through appropriate and timely financial activities of their clients.

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