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MFP-SME Vista BF SL & RSFs

Sector: Oil and Gas • Location: Burkina Faso

Source: International Finance Corporation (IFC)

Project
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-

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Project Information

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The project “MFP-SME Vista BF SL & RSFs” is an infrastructure initiative in the Oil and Gas sector, located in Burkina Faso. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

pending

Taiyo status

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Description

Description

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.                                                    

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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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