NENARACA

Near East-North Africa Rural & Agricultural Credit Association


Voluntary
Regional
Association

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What is NENARACA?

NENARACA is a voluntary regional association of credit institutions and agencies in the Near East and North Africa Region that deal directly or indirectly with agricultural credit operations and development .It was established on 8th December 1977 in response to a growing need among the countries of region and for fulfillment of the recommendations by FAO 1975 World Conference on Credit for Farmers in Developing Countries for establishing Regional Credit Associations (RACs).NENARACA enjoys an autonomous financial and administrative status and legal entity.

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Consultancy and Advisory Services

NENARACA provides consultancy and advisory services to member institutions to improve their performance or to study specific problems and suggest the appropriate solutions.

The result of these consultancies are presented for discussions by local seminars and workshops to achieve the following :

  • Simplify work procedure.
  • Improve information management system.
  • Up- grade work performance .
  • Improve repayments efficiency.
  • Overcome the negative effects of structural adjustment programmes.