According to the Bank’s website, the project consists of a $ 10 million DFC loan to complement a $20 million bond issuance (to attract private sector investors) to provide liquidity to micro, small, and medium enterprises (MSMEs) through lending to financial intermediaries in South and Southeast Asia. 30% of the MSMEs will be 2X qualifying borrowers.
The Project is expected to have a positive development impact in India, Vietnam, Cambodia, Indonesia, and the Philippines by providing loans to micro, medium, and small enterprises (MSMEs) as well as to lowincome individuals. MSMEs – and in particular women-owned and -led MSMEs -- in these countries face financing constraints due to a lack of collateral availability and formal credit history, leading to significant financing gaps across South and Southeast Asia.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||GreenArc Pte Ltd||Parent Company||-|
|-||-||-||-||Indo-Pacific Liquidity Facility Pte. Ltd.||Client||-|
No contact information provided at the time of disclosure.
ACCESS TO INFORMATION
Unlike many other development finance institutions, DFC does not currently have an access to information policy.
Under the United States Freedom of Information Act (FOIA), DFC is obliged to respond to reasonably formulated requests for Agency records. However, DFC may apply exemptions from release to certain types of information and may charge fees in responding to requests. DFC has a designated FOIA officer who is trained in how to respond to requests and implement the law. You can learn more about filing a FOIA request at: https://www.dfc.gov/foia
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You can find more information about the Office of Accountability at: https://www.dfc.gov/who-we-are/office-accountability