Agribusiness Support Fund
(ASF) is a ‘not-for-profit’ company
registered under section 42 of the Companies Ordinance 1984.
It was established by Ministry of Food, Agriculture and
Livestock (MINFAL) with the support of the Asian Development
Bank (ADB). ASF is governed by a private sector led independent
Board of Directors. The company is based at Lahore and extends
its support to all the four provinces of Pakistan, as well
as FATA, FANA and the AJK.
ASF
provides funds on matching grant basis (non-returnable)
for Business Development Services, to individuals &
firms engaged in agri-related businesses, enabling them
to employ modern techniques & practices and build within
themselves the different skills, know-how, expertise and
market understanding required by a fast-changing economic
environment and to improve their productivity, profitability,
competitiveness and creditworthiness. ASF aims to support
employment generation and economic growth by developing
a competitive and sustainable agribusiness sector in Pakistan
and specifically focuses on the following areas:
- Horticulture
i.e. fruits, vegetables, dry fruits, dates, spices.
- Floriculture
- Livestock
(excluding poultry and fishery) & Dairy
ASF
does not provide loans and funds for capital expenditure
/ fixed assets procurement.
