43158-013: Micro, Small, and Medium Enterprise Development Project - Project Loan

Project Data Sheet (PDS): Overview

Description

The Project Loan of $50 million, with a guarantee from the Government of India, aims to help Small Industries Development Bank of India (SIDBI) in reaching out to the "missing middle" - i.e. small borrowers or micro-enterprises who have grown too large for traditional microfinance support, but remain unable to access more conventional bank financing. At least 30% of the Project loan will be used by SIDBI for direct financing of deserving micro-enterprises. For its direct lending operations, ... Read More

Country India
Project Number 43158-013
Type or Modality of Assistance Loan
Financing Public sector (Sovereign)
Status Approved
Approval Number Loan No. 2617
Approval Date 26 Feb 2010
ADB Financing ($ thousand) 50,000
Geographical Location Rajasthan,India
Sector Finance
Subsector Small and medium enterprise finance and leasing
Strategic Agendas Inclusive economic growth (IEG)
Drivers of Change Gender equity and mainstreaming (GEM)
Private sector development (PSD)
Gender Equity and Mainstreaming Categories Category 1: Gender equity (GEN)
Safeguard Categories Environment: FI
Resettlement: C
Indigenous People: C

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