44060-024: Small and Medium Enterprises Investment Program - Tranche 2

Project Data Sheet (PDS): Overview


Description

This is the second Tranche of a Multitranche financing facility (of up to $500 million) to support SME lending. For Tranche 2, Damu has requested a loan of $150 million equivalent in local currency (tenge) from ADB s ordinary capital resources. The loan will be guaranteed by RoK. Tranche 2 will help Damu continue with the implementation of the government's Action Plan to increase access to medium term finance for SMEs. The medium term tenge fixed interest rate wholesale funding will increase co... Read More

Country Kazakhstan
Project Number 44060-024
Project Type or Modality of Assistance Loan
Financing Public sector (Sovereign)
Status Approved
Approval Number Loan No. 3093
Approval Date 13 Dec 2013
ADB Financing ($ thousand) 150,000
Geographical Location Kazakhstan
Sector / Subsector Classification Finance
/ Small and Medium Enterprise Finance and Leasing
Thematic Classification Economic growth
Private sector development
Gender Mainstreaming Categories Effective gender mainstreaming
Safeguard Categories Environment: FI
Resettlement: FI-C
Indigenous People: FI-C

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Project Data Sheets (PDS)

Responsible ADB Officer
Inmaculada Martinez
Email contact

Responsible ADB Department
Central and West Asia Department

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

Last PDS Update
02 Apr 2014

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