SEF AKFED MICROFINANCE BANK TAJIKISTAN
Sector: Commercial • Location: Tajikistan
Source: International Finance Corporation (IFC)
The project is to provide support to the Micro Finance Bank (FMBT, the Bank, or the company), the first microfinance bank to be licensed in Tajikistan. The Bank, which received a full banking license in September 2003, will provide credit and other financial services in rural and urban areas. It is currently expected that the capital of the Bank would be increased to $3.5 million with IFC taking
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The project is to provide support to the Micro Finance Bank (FMBT, the Bank, or the company), the first microfinance bank to be licensed in Tajikistan. The Bank, which received a full banking license in September 2003, will provide credit and other financial services in rural and urban areas. It is currently expected that the capital of the Bank would be increased to $3.5 million with IFC taking up to 19% of the bank’s equity or $ 0.7 million equivalent. FMBT is expected to have a highly developmental impact in terms of: - providing much needed funding to an underserved sector in both urban and rural areas; - employment generation; - skill-building and best practice in the financial sector; and - demonstration effect for financial sustainability. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |