fbpx 54287-001: CD Finance Management Expanding Access to Finance for Farmers and Microentrepreneurs Project | Asian Development Bank

China, People's Republic of: CD Finance Management Expanding Access to Finance for Farmers and Microentrepreneurs Project

Nonsovereign (Private) Project | 54287-001 Status: Proposed

The project entails the Asian Development Bank (ADB) providing longer-tenor financing to CFM to support the company's lending operations to farmers and micro entrepreneurs in PRC's rural counties. The proposed loan will help expand the availability of microcredit to the underserved segments, including women borrowers, and support rural economic development

Project Details

Project Officer
Huang, Biao Request for information
Country
  • China, People's Republic of
Sector
  • Finance
 
Project Name CD Finance Management Expanding Access to Finance for Farmers and Microentrepreneurs Project
Project Number 54287-001
Borrower/Company CD Finance Management Co., Ltd.
Country China, People's Republic of
Location Nation-wide
Type or Modality of Assistance
Loan Ordinary capital resources USD 40.00 million Approved
Strategic Agendas Inclusive economic growth
Drivers of Change Private sector development
Sector / Subsector

Finance / Small and medium enterprise finance and leasing

Gender Equity and Mainstreaming Effective gender mainstreaming
Responsible ADB Department
Responsible ADB Division
Responsible ADB Officer Huang, Biao
Project Sponsor(s)
Description The project entails the Asian Development Bank (ADB) providing longer-tenor financing to CFM to support the company's lending operations to farmers and micro entrepreneurs in PRC's rural counties. The proposed loan will help expand the availability of microcredit to the underserved segments, including women borrowers, and support rural economic development
Objectives and Scope
Linkage to Country/Regional Strategy
Safeguard Categories
Environment FI-C
Involuntary Resettlement FI-C
Indigenous Peoples FI-C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance -
Credit Committee Meeting 01 Oct 2020
Approval 18 Nov 2020
Last PDS Update 19 Nov 2020

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Related Publications

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