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NMB Tanzania

Sector: Raw Materials • Location: Tanzania

Source: International Finance Corporation (IFC)

Project
Completed

 The proposed engagement with National Microfinance Bank (“NMB”) is aligned to IFC’s strategy for the African financial sector. The project aims at helping NMB expand its reach in Micro, Small and Medium Enterprises (MSMEs) finance and in commodity agri finance. The Project is supported by the IDA18 IFC-MIGA Private Sector Window’s Local Currency Facility (PSW LCF), which was created by the Word B

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The project “NMB Tanzania” is an infrastructure initiative in the Raw Materials sector, located in Tanzania. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Description

Description

 The proposed engagement with National Microfinance Bank (“NMB”) is aligned to IFC’s strategy for the African financial sector. The project aims at helping NMB expand its reach in Micro, Small and Medium Enterprises (MSMEs) finance and in commodity agri finance. The Project is supported by the IDA18 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. PSW LCF support to this Project will enable IFC to provide the long-term local currency financing needed to unlock financing for MSMEs and agribusinesses in Tanzania.

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Original Currency

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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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