Original disclosure @ EIB website
Updated in EWS Jul 3, 2018
Disclosed by Bank Jun 28, 2018
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The project consists of a senior loan to the Federal Republic of Ethiopia, acting through the Ministry of Finance and Economic Cooperation, to be on-lent to female entrepreneurs via Micro Finance Institutions (MFIs). This operation co-finances the second phase of the World Bank's Women Entrepreneurship Development Project (WEDP), implemented by the Development Bank of Ethiopia (DBE). The DBE will act as an apex entity to select and fund MFIs.
This project will develop women-run small and medium enterprises with potential to grow and generate employment. This is achieved by tailoring financial instruments to the needs of the participants, ensuring availability of finance, and developing entrepreneurial and technical skills.
No contact information provided at the time of disclosure.
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