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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 data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Lebanon Credit lines