RAWBANK Global Loan

Promoter – Financial Intermediary

Financial intermediary: RAWBANK
Contact person: Mr Thierry Taeymans

Location

• Congo (Democratic Republic)

Description

Line of credit for financing long-term loans in USD for investment projects operating in productive and services sector in DRC.

Objectives

Financing of investments of small/medium-sized as well as micro enterprises in DRC.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

Up to the equivalent of EUR 5 million (maximum)

Total cost (Approximate amount)

Not applicable

Environmental aspects

All sub-projects financed under the proposed loan will be required to comply with the relevant national legal framework.

Procurement

RAWBANK will ensure that equipment, works and services to be financed will be procured at the most advantageous prices, having regard to quality and efficiency, and that an open international bidding procedure will be followed when applicable.

Status

Signed - 3/11/2010