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According to the Bank’s website, the project consists of a multiple beneficiary intermediated loan (MBIL) fully targeted at agricultural value chains, with at least 70% dedicated to key value chains (soy, cotton and cashew) and a 40% cross-cutting objective of gender inclusion, in line with the 2X Challenge.
The loan will be used to finance small and medium-sized enterprises (minimum 70% of the loan) and mid-caps (maximum 30% of the loan). The loan will be fully targeted at agriculture value chains . At least 70% of the loan amount will be allocated to the most EU-relevant agricultural value chains (soy, cotton and cashew), which are critical inputs for European textile and agri-food industries. In line with the 2X Challenge criteria, at least 40% of the financing will target businesses owned or led by women, supporting gender equality and the economic empowerment of women across key export-oriented value chains.
A multiple beneficiary intermediated loan (MBIL).
Under EFSD+ Guarantee.
No contacts available at the time of disclosure.
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