Project Notice |
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| PNR | 60824 |
| Project Name | FIF - CA YiB Programme - Humo Loan I |
| Project Detail | Location: Tajikistan Project number: 55193 Business sector: Financial institutions Notice type: Private Environmental category: FI Approval date: 12 Mar 2024 Status: Approved PSD disclosed: 22 Mar 2024 Provision of a senior loan of up to US$ 2 million (in TJS equivalent) to Humo under the Youth in Business Programme for Central Asia (CA YiB). The proceeds of the Banks investment will be used for on-lending to eligible youth-led MSMEs in line with standard eligibility criteria set forth in the CA YiB policy statement. Project Objectives The CA YiB Loan I will enable Humo to maintain diversification of its funding base and to scale up financing to youth-led MSMEs in Tajikistan. Humo will benefit from a comprehensive technical assistance (TC) to develop the internal capacity for financing youth-led businesses and to contribute to the improvement in access to finance for youth entrepreneurs in Tajikistan. |
| Funded By | European Bank for Reconstruction and Development (EBRD) |
| Sector | Forestry |
| Country | Tajikistan , Central Asia |
| Project Value | TJS 2,000,000 |
Contact Information |
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| Company Name | HUMO MICROCREDIT DEPOSIT ORGANISATION CJSC |
| Web Site | https://www.ebrd.com/work-with-us/projects/psd/55193.html |
