Date de publication: 28 avril 2009
Promoteur – Intermédiaire Financier
US Financial InstitutionLieu
Description
This Fund is a successor fund of the first EIB microfinance fund financed under the Cotonou Agreement. It will be established for the purpose of making equity and equity-related investments in regulated microfinance institutions (MFIs), small business banks (SBBs) and non-bank financial institutions (NBFIs) that deliver financial products and services to micro-entrepreneurs, small businesses or other underserved markets in Sub-Saharan Africa (SSA) and Asia.
Objectifs
This operation aims to meet the objectives of the Cotonou Agreement for the eradication of poverty by supporting the improvement in the quality, availability and accessibility of financial services and the development of modern financial institutions and sustainable microfinance operations.
The key strategic objectives of the operation are:
- Medium and long-term equity support for commercially viable microfinance institutions that meet rigorous eligibility criteria;
- Support for the financial sector, indirectly, by investing through this Fund in MFIs, SBBs and NBFIs;
- Provision of credit to micro and small enterprises through the financial intermediaries targeted by the Fund.
Secteur(s)
Montant BEI envisagé (montant approximatif)
Up to USD 15 million.
Coût total (montant approximatif)
USD 100 million.
Aspects environnementaux
Environmental analysis according to guidelines acceptable to the Bank will be part of the Fund’s due diligence process in the appraisal of investee companies.
Passation des marchés
Not applicable.
Statut
Signé - 21/12/2009
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).