According to ADB website, Tranche 3 will help Damu continue with the implementation of the government's Action Plan to increase access to medium term finance for SMEs. The funds will be relent in local currency (tenge) fixed-interest loans to qualified participating financial institutions (PFIs) to fund their respective market-based loans, leases and other financial products to small and medium-sized enterprises (SMEs). The impact of the project will be sustained job creation and economic growth.
Project Officer: Song, Dai Chang
Central and West Asia Department, ADB
No contact information provided at the time of disclosure.
Executing Agency: DAMU Entrepreneurship Development Fund
Email Address: BMUKUSHEV@FUND.KZ
Gogol St., 111, Almaty, Kazakhstan
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