EB-Accion Savings & Loan
Sector: Commercial • Location: Ghana
Source: International Finance Corporation (IFC)
The project involves IFC purchasing common shares of up to 15% in EB-ACCION (the company), a new microfinance institution in Ghana established to provide access to finance to more than 26,000 micro and small entrepreneurs. The project sponsor is Ecobank Ghana, and technical services will be provided by ACCION International. Other shareholders include ACCION Investments in Microfinance (AIM) and
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
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 project involves IFC purchasing common shares of up to 15% in EB-ACCION (the company), a new microfinance institution in Ghana established to provide access to finance to more than 26,000 micro and small entrepreneurs. The project sponsor is Ecobank Ghana, and technical services will be provided by ACCION International. Other shareholders include ACCION Investments in Microfinance (AIM) and Ecobank Transnational Incorporated (ETI).IFC’s equity investment may be complemented by funding of up to $5 million in local currency, and will be accompanied by a $1.7 million Technical Assistance package for the setting up the company. Up to 50% of this allocation will come from IFC, and the remainder from a combination of Ecobank, and ACCION. ACCION will be the principal provider of technical services to the project. |
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 |