44934-014: REG: MICROFINANCE RISK PARTICIPATION PROGRAM

Project Data Sheet (PDS): Overview


Description

The program will facilitate the expansion of existing PFI lending volumes to MFIs. The program will be available for 5 years, with the risk-participated loans to MFIs having a maximum tenor of 3 years. The program could run up to 8 years from the date of inception. ADB will work with select partner financial institutions (PFI) under the proposed risk participation. Targeted PFIs will include both international and domestic financial institutions that engage in MFI wholesale lending. Each PFI selected under the program will have atleast three years of experience in lending to this sector, Acceptable underwriting standards and a servicing platform, dedicated MFI teams and relatinship managers as well as risk mangement and a MFI portfolio with NPLs of less than 5%. Read More

Country Regional
Borrower/Equity Investment Name MFI RISK PARTICIPATION PROGRAM
Project Number 44934-014
Project Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 7325
Approval Date 13 Dec 2010
Closing Date 10 Dec 2018
Geographical Location ADB DMCs
Sector Finance
Subsector Inclusive finance
Safeguard Categories Environment: FI
Resettlement: FI
Indigenous People: FI

 

 

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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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
Capital Markets and Financial Sectors Division

PDS Creation Date
29 Oct 2010

Last PDS Update
13 Sep 2013

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