Humo SL LCY

completed

 The Project entails IFC investment in CJSC MDO Humo (Humo), one of the leading microfinance institutions (MFI) in Tajikistan, an IDA country, to support expansion of its lending program to micro and small enterprises (MSEs) and to provide micro housing loans for individuals, mostly in rural areas of Tajikistan, that are in need of improving living conditions. The investment will be provided in local currency for up to four years from IFC’s own account by leveraging the IDA 18 IFC-MIGA Private Sector Window’s Local Currency Facility, (PSW LCF), which was created by the Word Bank Group to catalyze private sector investment in IDA countries, with a focus on fragile and conflict-affected states, by providing financing in local currency for high impact projects where local currency solutions are underdeveloped or missing.