Date de publication: 1 juin 2011
Promoteur – Intermédiaire Financier
Financial intermediaries: Various microfinance institutions in the Dominican Republic
Lieu
Description
Lines of credit to provide financing in local currency to micro and small enterprises in the Dominican Republic, including an equity participation in FONDESA following its transformation from an NGO into a regulated savings & loans bank.
Objectifs
Financing of investments undertaken by micro and small scale enterprises active in the industry and services sectors, thereby contributing to employment creation, economic growth and diversification.
Secteur(s)
Montant BEI envisagé (montant approximatif)
Local currency financing (Dominican Pesos) for the equivalent of EUR 25 million.
Coût total (montant approximatif)
Not applicable
Aspects environnementaux
The intermediaries will ensure that the projects to be financed will comply with the EIB’s environmental standards. The intermediaries’ appraisal processes will include an environmental review to verify that the projects are in compliance with the relevant national and regional environmental legislation.
Passation des marchés
The intermediaries will ensure compliance with the Bank’s procurement guidelines when supporting procurement by the final beneficiaries.
Statut
Signé - 20/12/2011