Project Notice
|
| PNR |
47760 |
| Project Name |
FIF - Kompanion MSME Loan IV |
| Project Detail |
Location:
Kyrgyz Republic
Project number:
53683
Business sector:
Financial institutions
Notice type:
Private
Environmental category:
FI
Approval date:
21 Jun 2022
Status:
Approved
PSD disclosed:
22 Jun 2022
The provision of a senior loan of up to US$ 5.0 million equivalent in local currency to Closed Joint-Stock Company Kompanion Bank based in the Kyrgyz Republic under Financial Intermediaries Framework (FIF) for financing local private MSMEs.
Project Objectives
The project contributes to the objectives of the Financial Intermediaries Framework (FIF). FIF seeks to (i) foster SME competitiveness by increasing the availability of financing and (ii) contributing to the competitiveness of financial institutions by enabling innovation in strategy, products, processes and marketing related to MSME lending. |
| Funded By |
European Investment Bank (EIB) |
| Sector |
Forestry |
| Country |
Kyrgyz Republic , All Region |
| Project Value |
KGS 5,000,000
|
