Release date: 7 February 2020
Promoter – Financial Intermediary
VITAS SALLocation
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)
- Credit lines - Credit lines
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).