Original disclosure @ IFC website
Updated in EWS Jan 12, 2023
Disclosed by Bank Jan 9, 2023
Can you contribute information about this project?
Contact the EWS Team
According to the Bank’s website, the proposed investment consists of a 4-year senior loan of up to $30.8 million for IFC’s own account to be disbursed in EUR and $ to Moldova Agroindbank (MAIB or the Bank) under IFC’s COVID-19 Base of the Pyramid Program (BOP Program). IFC’s loan will be used to increase access to finance for micro, small and medium enterprises (MSMEs) in Moldova with 50% of the proceeds earmarked for on-lending to women-owned MSMEs (WMSMEs).
Proposed investment will be accompanied by a $5 million trade finance facility under IFC’s Global Trade Finance Program (GTFP) to support cross border trade financing for local exporters/importers.
BC MAIB SA
Deputy Chairman of the Executive Committee
Constantin Tanase 9/1, MD-2005, Chisinau, Republic of Moldova
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org