38905-014: AFG: AFGHANISTAN RENEWAL FUND

Project Data Sheet (PDS): Overview


Description

ADB committed to invest up to US$5.5 million in the Fund, not to exceed 37% of the total equity capital. ADB will not be the single largest investor. Given the undeveloped state of the financial sector in Afghanistan, the Fund offers a potential solution to the lack of readily available finance for small and medium-sized enterprises (SMEs). Read More

Country Afghanistan
Borrower/Equity Investment Name AFGHANISTAN RENEWAL FUND LTD.
Project Number 38905-014
Project Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 7215
Approval Date 28 Jul 2005
Geographical Location Afghanistan
Sector / Subsector Classification Finance
/ Infrastructure finance and investment funds
Safeguard Categories Environment: FI
Resettlement: C
Indigenous People: C

 

 

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Project Data Sheets (PDS)

Responsible ADB Officer
Hasib Ahmed
Request for information

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Private Sector Investment Funds & Special Initiatives Div

PDS Creation Date
18 Apr 2006

Last PDS Update
06 Apr 2009

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