Release date: 9 May 2006
Promoter – Financial Intermediary
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
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.
All sectors (except sectors normally excluded on ethical grounds)
Proposed EIB finance (Approximate amount)
Up to EUR 3.25 million
Total cost (Approximate amount)
Investee companies to meet minimum environmental standards to be specified and monitored by the Manager of the holding company.
Under appraisal - 9/05/2006
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).