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Ukraine Credit for Agricultural Producers (CAP)

Onion farmer in Ukraine
Credit: World Council

Cooperative Development Organisation

Implementing Partners and Organisations

National Association of Savings and Credit Unions in Poland

Period of Implementation

August 2016 - September 2024

Geographic scope

Europe: Ukraine

Cities: Nationwide


$ 8,898,995
€ 8 475 233


Bilateral Aid: USAID


Agriculture & Fisheries, Banking & Financial Services, Rural Development

Type of Activity

Institutional Building and Policy Dialogue, Legal and Regulatory framework, Technical Assistance & Advisory, Training & Capacity Building, Value Chains / Socioeconomic Circuits


WOCCU’s Credit for Agriculture Producers (CAP) Project (2016-2023), is improving the legal, regulatory, and market environment for credit unions in Ukraine and building credit union capacity to both promote growth and reduce risk, while expanding access to credit for rural and agricultural micro, small and medium enterprises (MSMEs). Specifically, CAP works with the Regulator (the National Bank of Ukraine [NBU] as of July 2020) and legislators to update the legal and regulatory framework for credit unions and supports the credit union national associations and United Credit Unions (UCUs) to better serve their members and access liquidity to meet demand for agricultural lending. CAP also works directly with a group of credit unions through its Agricultural Lending Working Group (AGLWG) to build their capacity to expand agricultural lending.

Project Objectives

To improve the enabling and market environment for credit unions in order to expand financial access to rural/ag micro & small businesses.

Impact on SDGs

SDG11 - Sustainable Cities and Communities
SDG17 - Partnership for The Goals

Main Indicators

Value of all loans outstanding per credit union (average per credit union end of reporting period, in local currency)
Number of agricultural and rural MSME loans issued by partner credit unions during the reporting period per credit union (number of new loans)
Value of new agricultural and rural MSME loans disbursed by project partner credit unions per credit union (in local currency, during the period)
Number of regulatory changes or new procedures introduced in compliance with international standards as a result of CAP technical assistance
Percent of funds disbursed in loans to credit unions out of total UCU liquidity funds, accessed through the new Liquidity Fund Mechanism (ratio of total amount disbursed to initial amount of Liquidity Fund)

Impact Measurement

Partner activity reports, partner financial reports, credit union regulatory reporting data, surveys

Direct beneficiaries

Organisations: 23

Individuals: 16438

Local stakeholders

Ukrainian National Association of Savings and Credit Unions (UNASCU)
All Ukrainian Credit Union Association (AUCUA)
17 Partner Credit Unions

Key Tags

Environment, Inequalities