BOP Baobab
Sector: Commercial • Location: Africa Region
Source: International Finance Corporation (IFC)
The proposed project is a multi-local-currency facility in the aggregate amount of up to US$47.5 million equiv. to affiliates of the Baobab Group (“Baobab” or the “Group”), an IFC partner with whom IFC has a longstanding relationship (the “Project”). The facility is to help the Group scale up lending to micro and small enterprises in the advent of Covid-19 in LIC-IDA and FCS countries in sub-Sahar
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed project is a multi-local-currency facility in the aggregate amount of up to US$47.5 million equiv. to affiliates of the Baobab Group (“Baobab” or the “Group”), an IFC partner with whom IFC has a longstanding relationship (the “Project”). The facility is to help the Group scale up lending to micro and small enterprises in the advent of Covid-19 in LIC-IDA and FCS countries in sub-Saharan Africa. The senior loans under the Project will benefit six Baobab affiliates, namely: Baobab Senegal, Baobab DRC, Baobab Burkina Faso, Baobab Mali, Baobab Madagascar and Baobab Cote d’Ivoire. Loans will have a maximum tenor of 60 months with a grace period of 12 months. The project will be processed under IFC’s COVID Base of Pyramid (“BOP”) Facility and will be supported by IDA-PSW Blended Finance Facility (“IDA PSW-BFF”) and IDA-PSW Local Currency Facility (“IDA PSW-LCF) |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |