44060-024: Small and Medium Enterprises Investment Program - Tranche 2

Project Data Sheet (PDS): Overview

Description

This is the second Tranche of a Multitranche financing facility (of up to $500 million) to support SME lending. For Tranche 2, Damu has requested a loan of up to $150 million equivalent in local currency (tenge) from ADB s ordinary capital resources. The loan will be guaranteed by RoK. Tranche 2 will help Damu continue with the implementation of the government's Action Plan to increase access to medium term finance for SMEs. The medium term tenge fixed interest rate wholesale funding will ... Read More

Country Kazakhstan
Project Number 44060-024
Type or Modality of Assistance Loan
Financing Public sector (Sovereign)
Status Approved
Approval Number Loan No. 3093
Approval Date 13 Dec 2013
ADB Financing ($ thousand) 150,000
Geographical Location Kazakhstan
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 2: Effective gender mainstreaming (EGM)
Safeguard Categories Environment: FI
Resettlement: FI-C
Indigenous People: FI-C

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