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    Signature(s)

    Amount
    € 25,000,000
    Countries
    Sector(s)
    Mozambique : € 25,000,000
    Credit lines : € 25,000,000
    Signature date(s)
    19/03/2014 : € 5,000,000
    21/12/2015 : € 20,000,000

    Summary sheet

    Release date
    17 September 2013
    Status
    Reference
    Signed | 19/03/2014
    20120541
    Project name
    Promoter - financial intermediary
    MOZAMBIQUE SME LINE OF CREDIT
    ACCEPTABLE BANK(S)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 25 million
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    Line of credit to be offered to a group of Mozambican banks, selected after due-diligence. The line of credit will provide medium to long-term funding to small and medium sized enterprises (SMEs) through selected financial intermediaries. It will be complemented with a technical assistance component.

    Financing of small/medium projects carried out by small and medium sized enterprises or local public entities engaged in the productive sector for the development of financially and technically viable projects in eligible sectors. Improving access to term finance at favourable conditions.

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Link to source

    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).

    News & Stories

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