Original disclosure @ FMO website
Updated in EWS Dec 10, 2023
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FMO will guarantee 65% of a USD 4 mln equivalent loan in Ethiopian Birr, obtained by VFMFI from the Commercial Bank of Ethiopia (CBE). By providing the guarantee to VMFI, FMO will enable lending to the rural and women clients.
No contact information provided at the time of disclosure
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism