Term:
Default risk
Definition:
It occurs when an IFAD borrower is unable to make payments of principal or interest on its loan. Debt funding would increase the Fund’s risk profile in this respect.
Domain:
Agriculture
Source:
Financing options for IFAD beyond 2015, IFAD, 2014 (https://webapps.ifad.org/members/repl/10/3/docs/IFAD10-3-R-5.pdf).
