Small Business Finance Project (ADB-42007-017)

Countries
  • Uzbekistan
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Canceled
Bank Risk Rating
FI
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Nov 5, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of the Republic of Uzbekistan, Ministry of Finance
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.23 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Apr 5, 2018

Disclosed by Bank Mar 30, 2016


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Project Description

According to ADB website, A small-scale project preparatory technical assistance (S-PPTA) will help develop project design for the ensuing financial intermediary loan to the Republic of Uzbekistan for the Small Business Finance Project. The project will:
1. Provide participating financial institutions (PFIs), i.e., commercial banks and leasing companies, with longer term funds for onlending to rural and women's small businesses
2. Provide capacity building technical assistance to PFIs to improve their risk management and increase the number of loan products they offer
3. Provide training to small businesses to improve their capacity to borrow. In addition, the project will provide assistance to the government to improve the enabling environment for small business development and access to finance.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Project Officer: Mukhamedyarova, Aliya
Central and West Asia Department, ADB
No contact information provided at the time of disclosure.

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main