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Reference: 20190395
Release date: 7 February 2020

Promoter – Financial Intermediary

VITAS SAL

Location

Description

The operation will support the microfinance portfolio of a Lebanese microfinance institution.

Objectives

The aim is to enhance access to finance to final beneficiaries for their micro/small projects.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 4 million

Total cost (Approximate amount)

not applicable

Environmental aspects

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

Procurement

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

Status

Signed - 29/11/2019

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).

Related tags

Lebanon Credit lines