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Date de publication
18 septembre 2008
Statut
Référence
Signé | 18/12/2008
20080401
Nom du projet
Promoteur – Intermédiaire financier
First Microfinance Institution Syria
Aga Khan Agency for Microfinance (AKAM)
Montant BEI envisagé (montant approximatif)
Coût total (montant approximatif)
Up to EUR 2 million, corresponding to a 16% stake in the total capital of FMFI.
The total capital of FMFI after the capital increase is estimated to be around EUR 12 million.
Description
Objectifs
The proposed operation consists of an equity participation in First Microfinance Institution Syria(FMFI), a licensed institution specialised in microfinance and providing a broad range of financial services to the poor and the underserved population of Syria.
The operation will help to alleviate the poverty of the Syrian rural and urban population, develop the local financial sector by supporting the establishment of a new institution, and introduce new financial products over time, such as saving deposits and insurance for the underserved and “un-banked” poor.
Aspects environnementaux
Passation des marchés
Not applicable (intermediated private sector investment).
Not applicable (private sector investment).
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