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DR MICROFINANCE FACILITY II

Sector: Government • Location: Dominican Republic

Source: European Investment Bank (EIB)

Project
Financed

The project will consist of providing credit lines in local currency to microfinance institutions in the Dominican Republic. With the aim to further diversify and enlarge the impact of the Bank on this sector, these credit lines will not only be granted to the usual partners of the Bank but also to other acceptable entities that are active in the sector. The project will also include an equity par

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The project “DR MICROFINANCE FACILITY II” is an infrastructure initiative in the Government sector, located in Dominican Republic. Taiyo aggregates data on it from European Investment Bank (EIB).

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Participants

Sponsoring Agency

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Status

Original status

financed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The project will consist of providing credit lines in local currency to microfinance institutions in the Dominican Republic. With the aim to further diversify and enlarge the impact of the Bank on this sector, these credit lines will not only be granted to the usual partners of the Bank but also to other acceptable entities that are active in the sector. The project will also include an equity participation of EUR 1 M in favour of FONDESA to support its upgrade from an NGO into a regulated finan

Original sub-sector

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Original Currency

USD

Original budget

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Procurement method

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Budget

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Location

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Location

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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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