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I & P

Signature(s)

Amount
€ 3,249,950
Sector(s)
Services : € 3,249,950
Signature date(s)
22/12/2006 : € 3,249,950
Link to source
Data sheet
I & P
Other links
Summary sheet
Investisseurs & Partenaires

Summary sheet

Release date
9 May 2006
Status
Reference
Under appraisal | 09/05/2006
20060035
Project name
Promoter - financial intermediary
Investisseurs & Partenaires

Investisseur & Partenaire pour le Développement
Mr. Patrice Hoppenot, President of the Board
c/o I&P Etudes et Conseils
3, rue Casteja
92100 Boulogne Billancourt
France

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 3.25 million
Not applicable
Location
Sector(s)
Description
Objectives

Equity investment in regional holding company with a total share capital of EUR 16 million incorporated in Mauritius.

The company’s investment objective is to achieve a commercially acceptable return in the lower-end of a small and medium-enterprise segment and in microfinance institutions by means of equity and debt instruments.

Environmental aspects
Procurement

Investee companies to meet minimum environmental standards to be specified and monitored by the Manager of the holding company.

Not applicable

Comments

All sectors (except sectors normally excluded on ethical grounds)

Link to source
Summary sheet
Investisseurs & Partenaires
Other links
Data sheet
I & P

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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