Date de publication: 18 septembre 2008
Promoteur – Intermédiaire Financier
Aga Khan Agency for Microfinance (AKAM)
Lieu
Description
The proposed operation consists of an equity participation in First Microfinance Institution Syria(FMFI), a licensed institution specialised in microfinance and providing a broad range of financial services to the poor and the underserved population of Syria.
Objectifs
The operation will help to alleviate the poverty of the Syrian rural and urban population, develop the local financial sector by supporting the establishment of a new institution, and introduce new financial products over time, such as saving deposits and insurance for the underserved and “un-banked” poor.
Secteur(s)
Montant BEI envisagé (montant approximatif)
Up to EUR 2 million, corresponding to a 16% stake in the total capital of FMFI.
Coût total (montant approximatif)
The total capital of FMFI after the capital increase is estimated to be around EUR 12 million.
Aspects environnementaux
Not applicable (intermediated private sector investment).
Passation des marchés
Not applicable (private sector investment).
Statut
Signé - 18/12/2008