DBACD Local Currency Loan - Egypt

Promoteur – Intermédiaire Financier

Dakahlya Businessmen’s Association for Community Development.

Lieu

• Égypte

Description

A local currency loan under global authorisation to a microfinance institution based in the Dakahlya region of Lower Egypt.

Objectifs

Proceeds from the loan will be used to extend credit to small and micro-enterprises in the Dakahlya Governorate of Lower Egypt, both in the form of individual loans and group loans.

Secteur(s)

• Services

Montant BEI envisagé (montant approximatif)

Contract amount of up to the EGP equivalent of EUR 2 million.

Coût total (montant approximatif)

Up to 50% of funding needs over the next 2 years.

Aspects environnementaux

Not applicable (intermediated private sector investment).

Passation des marchés

Not applicable (private sector investment).

Statut

Signé - 4/08/2009