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MFP-BOP Arvand

Sector: Raw Materials • Location: Tajikistan

Source: International Finance Corporation (IFC)

Project
Active

The proposed Project involves two senior loans up to equivalent of US$15 million in total, denominated in Tajik somoni (TJS), for the Closed Joint-Stock Company Bank Arvand (Arvand, or the Bank). The first loan of to up to US$5 million equivalent is expected to be provided in calendar year 2025, whereas the second loan of up to US$10 million equivalent would address the funding needs of Arvand in

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The project “MFP-BOP Arvand” 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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active

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Description

Description

The proposed Project involves two senior loans up to equivalent of US$15 million in total, denominated in Tajik somoni (TJS), for the Closed Joint-Stock Company Bank Arvand (Arvand, or the Bank). The first loan of to up to US$5 million equivalent is expected to be provided in calendar year 2025, whereas the second loan of up to US$10 million equivalent would address the funding needs of Arvand in calendar year 2026. Up to 50% of the first loan proceeds would be allocated for energy-efficient (EE) housing microfinance (HMF) projects, up to 25% - for on-lending to micro and small enterprises (MSEs), and up to 25% - to women-owned MSEs (WMSEs). Utilization of proceeds of second loan is expected to be similar, but exact shares might be different. Both loans will have 3-year tenor with 1 year grace period.   

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Source

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High

Data quality score

100%

Source

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URL

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