📋 Tender Overview
Scope :
The proposed financial intermediation loan (FIL) project will support small and medium-sized enterprises (SMEs) through two components: (i) a new SME line of credit (SMELOC2) for those affected by the 2022 economic crisis to provide emergency working capital (SMELOC2 component); and (ii) a loan to the government for equity infusion into the National Credit Guarantee Institution Limited (NCGI), which will provide partial credit guarantees (PCG) on investment loans to SMEs with inadequate or no collateral (PCG component). The project will help SMEs by enhancing access to finance and strengthening their capacity to adapt their business models to external changes, including those caused by climate change. The project is designed to particularly support women entrepreneurs who are often disadvantaged, as well as promote climate adaptation and mitigation activities. The implementation of both components is supported by ongoing technical assistance (TA), which was approved in January 2022.
