Date de publication: 23 février 2009
Promoteur – Intermédiaire Financier
Microfinance Enhancement Facility SA SICAV
Lieu
Description
Microfinance Enhancement Facility (MEF), a specialised investment fund in Luxembourg, promoted by IFC and KfW in order to enhance liquidity support to microfinance institutions for a limited period of time.
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:
- Liquidity enhancement for commercially viable microfinance institutions (MFIs) that meet rigorous eligibility criteria;
- Provision of credit to micro and small enterprises through MFIs targeted by MEF.
As such it is one of a series of EIB operations that are running concurrently in the microfinance sector. These include equity, direct lending and technical assistance to microfinance investment vehicles, banks, microfinance and microinsurance institutions.
Secteur(s)
Montant BEI envisagé (montant approximatif)
Up to USD 50 million.
Coût total (montant approximatif)
USD 500 million.
Aspects environnementaux
Environmental analysis accourding 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 - 11/09/2009