Original disclosure @ EBRD website
Updated in EWS Mar 23, 2023
Disclosed by Bank Nov 16, 2022
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A senior loan of USD 4 million equivalent in Uzbekistani soms to Ipak Yuli Bank to be used for on-lending to women-led MSMEs in Uzbekistan under the EBRD's Central Asia Women in Business Programme ("CA WiB").
The loan will be offered in the local currency in two equal tranches of USD 2m equivalent each. Tranche 1 will be committed upon signing the loan agreement; Tranche 2 will be uncommitted and may become available at the sole discretion of the EBRD. Each tranche will have a tenor of two years, and will be disbursed in the UZS equivalents of the USD amounts calculated at or around the time of the relevant disbursements.
The project aims to promote women's entrepreneurship in Uzbekistan and their participation in business by improving their access to finance and advice through dedicated credit lines and tailored technical assistance programmes.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Ipak Yuli Bank||Undisclosed||-|
+998 (78) 140-69-43
+998 (78) 140-69-05
2, Abdulla Qodiriy Street, Tashkent, Uzbekistan
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The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
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