Original disclosure @ EBRD website
Updated in EWS Apr 15, 2023
Disclosed by Bank Aug 11, 2022
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According to the Bank’s website, the project consists of the provision of a senior unsecured loan of up to EUR 3.0 million to be made available in two tranches to Alter Modus ("AM") under the Western Balkans Youth in Business ("WB YiB") Programme. The second tranche will be uncomitted.
The loan proceeds will be used for on-lending to eligible micro and small-sized enterprises ("MSEs") whose overall operational management responsibility or majority ownership is held by a person (or persons) under the age of 35 ("Youth MSEs") in Montenegro in accordance with the Policy Statement.
COMPANY CONTACT INFORMATION
+382 20 655 280
+382 20 655 260
Ul. Vucedolska br. 15 81000, Podgorica Montenegro
ACCESS TO INFORMATION
You can request information by emailing: email@example.com or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
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.
You can contact the PCM at: firstname.lastname@example.org or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html