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BOP IMON SL

Sector: Raw Materials • Location: Tajikistan

Source: International Finance Corporation (IFC)

Project
Completed

The proposed project is a 3-year straight senior loan of up to US$5 million denominated in Tajik somoni (TJS) to Closed Joint Stock Company Microcredit Deposit-Taking Organization “IMON International” (IMON or the Company), Tajikistan’s largest microfinance institution (MFI) and the fourth largest financial institution. The Project will be processed under IFC’s Base of the Pyramid program and will

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The project “BOP IMON SL” is an infrastructure initiative in the Raw Materials sector, located in Tajikistan. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Company

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Status

Original status

completed

Taiyo status

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Email

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Description

Description

The proposed project is a 3-year straight senior loan of up to US$5 million denominated in Tajik somoni (TJS) to Closed Joint Stock Company Microcredit Deposit-Taking Organization “IMON International” (IMON or the Company), Tajikistan’s largest microfinance institution (MFI) and the fourth largest financial institution. The Project will be processed under IFC’s Base of the Pyramid program and will enable IMON to provide much needed local currency funding to micro and small enterprises (MSEs) to help them recover from the economic shock of the pandemic (the Project). The Project is expected to benefit from IDA Private Sector Window (PSW) Pooled First Loss Guarantee to help de-risk the Project and IDA-PSW Local Currency Facility to help support the local currency financing.                                                  

Original sub-sector

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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