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CRDB SME Loan, GWFP and GTFP

Sector: Raw Materials • Location: Tanzania

Source: International Finance Corporation (IFC)

Project
Completed

The proposed project involves a debt and guarantee facility to develop a partnership with CRDB Bank (“CRDB” or the “Bank”) geared towards improving banking penetration in Tanzania, and more specifically, enhancing the Bank’s strategic focus on SMEs and commodity/agri-businesses as a way of reaching more of Tanzania’s under-served communities. The Bank aims to grow its business and improve its com

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Project Information

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The project “CRDB SME Loan, GWFP and GTFP” is an infrastructure initiative in the Raw Materials sector, located in Tanzania. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Status

Original status

completed

Taiyo status

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Email

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Description

Description

The proposed project involves a debt and guarantee facility to develop a partnership with CRDB Bank (“CRDB” or the “Bank”) geared towards improving banking penetration in Tanzania, and more specifically, enhancing the Bank’s strategic focus on SMEs and commodity/agri-businesses as a way of reaching more of Tanzania’s under-served communities. The Bank aims to grow its business and improve its competitiveness as part of its 5-year strategic plan by expanding its lending capacity and delivery channels, broadening its product offerings and extending its branch and agency network.CRDB’s strategy in the coming years is to focus on the underserved SME and retail market segments in Tanzania.

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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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