The intended impact of the Project is a developed and expanded micro-, small-, and medium-sized enterprise (MSME) subsector leading to broad-based, private sector-led, and sustainable inclusive growth. The intended outcomes are (i) enhanced access to finance by MSMEs by providing Bank of Maldives (BML) with a line of credit facility (LCF) to pilot credit assistance to MSMEs in designated regions, (ii) enhanced access to markets, technology and information and strengthened capacity of MSMEs through the establishment of business development services centers (BDSC) and a cost-sharing facility (CSF) designed to meet their special needs, and (iii) improved support infrastructure through PPPs.
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In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.