Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20140195
    Release date: 10 December 2015

    Promoter – Financial Intermediary

    Multiple Intermediaries

    Location

    Description

    The facility will primarily provide a lending framework for local financial institutions with experience in agricultural lending. Technical assistance is envisaged to increase the agricultural lending capacity of financial intermediaries and support farmers in efficient and sustainable farm management and development including diversification of their income base.

    Objectives

    The overarching goal of the facility is poverty reduction, by strengthening the productivity and income base of smallholders who are the key engine of rural development. The development potential will be unlocked by (i) enhancing access to credits and (ii) promotion of sustainable agriculture and value addition. The ACP Smallholder Facility will also create valuable employment opportunities in many poor countries in Africa.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 25 million

    Total cost (Approximate amount)

    not applicable

    Environmental aspects

    The promoter will be required to ensure compliance of their investment with the standards established in the EIB environmental and social handbook which is based on the principles of EU legislation as appropriated.

    Procurement

    They are not affected by the public procurement procedures as foreseen in the EIB's Guide for Procurement.

    Status

    Signed - 23/11/2017

    Disclaimer

    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).

    Related tags

    ACP States Credit lines