MFP-SME Vista BF SL & RSFs

pending

The proposed investment consists of a 5-year senior loan of up to US$20 million to be disbursed in two equal tranches in Euro to Vista Bank Burkina (Vista BF or the Bank), the fifth largest bank in Burkina Faso. The facility will contribute to increase access to longer-term financing for micro, small, and medium-sized enterprises (MSME) with at least 25 percent of loan proceeds dedicated to women-owned/led MSMEs (WMSMEs) in Burkina Faso (the Project). Subject to further approvals, the first tranche of the Project will be processed under the MSME Finance Platform – SME Envelope, which is supported by a pooled first loss guarantee provided by the International Development Association Private Sector Window  Blended Finance Facility (IDA20-PSW BFF) allocated to the SME Envelope under the MSME Finance Platform.