π Tender Overview
Project ID: 56324
Status: Passed Final Review, Pending Approval
Location: Uzbekistan
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: FI
Approval Date: 15 Apr 2025
Disclosure date: 17 Apr 2025
Project Description
The provision of a senior loan of $10 million equivalent to Davr Bank ("DB") to be used for on-lending to eligible youth-led/owned micro, small and medium-sized enterprises (MSMEs) in Uzbekistan. The loan will consist of two equal tranches of $5 million each. The loan will be provided either in US dollar or in synthetic UZS.
Project Objectives
The loan will enable DB to finance youth-led/owned businesses in Uzbekistan and thus contribute to the improvement in access to finance for young entrepreneurs in the country.
Transition Impact
ETI score:71
part of the Central Asia YiB Programme, the loan to DB will contribute to the overall Programme objectives and support the Inclusive and Competitive qualities. The facility is expected to increase lending to young people.