44060-023: MFF: Small and Medium Enterprise Investment Program - Tranche 1

Project Data Sheet (PDS): Overview


Description

This is the first tranche of a $500 million multitranche financing facility (MFF) to the Damu Entrepreneurship Development Fund (Damu), guaranteed by the Republic of Kazakhstan, for the Small and Medium Enterprise Investment Program. The MFF is proposed to help Damu--through participating financial institutions (PFIs)--address the unmet demand for longer-term, fixed-rate, local currency denominated credit by small and medium-sized enterprises (SMEs), and thereby address a key constraint to ... Read More

Country Kazakhstan
Project Number 44060-023
Type or Modality of Assistance Technical Assistance
Loan
Financing Public sector (Sovereign)
Status Closed
Approval Numbers TA No. 7634
Loan No. 2689
Approval Date 04 Nov 2010
ADB Financing ($ thousand) 150,650
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)
Governance and capacity development (GCD)
Private sector development (PSD)
Gender Equity and Mainstreaming Categories Category 2: Effective gender mainstreaming (EGM)
Safeguard Categories Environment: FI
Resettlement: FI
Indigenous People: FI

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Project Data Sheets (PDS)

Responsible ADB Officer
Inmaculada Martinez
Request for information

Responsible ADB Department
Central and West Asia Department

Responsible ADB Divisions
Public Management, Financial Sector and Trade Division, CWRD

Executing Agencies
DAMU Entrepreneurship Development Fund
Kanat Sultangaziev

Last PDS Update
24 Sep 2014

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