WOMEN AND YOUTH EMPOWERMENT LOAN - WEMA

Projektträger – zwischengeschaltetes Finanzinstitut

WEMA BANK PLC

Ort

• Nigeria

Beschreibung

The credit line will support eligible investments made by small and medium sized enterprises (SMEs), midcaps and young entrepreneurs in Nigeria in line with the 2X CHALLENGE criteria.

Ziele

The aim is to enhance access to finance to the target beneficiaries operating in eligiblesectors such as transport, agriculture value-chain, manufacturing, tourism and services. A minimum of 50% of the loan amount will be targeting businesses owned, run, employing or primarily serving women to promote gender inclusion and women empowerment in businesses, in line with the 2X Challenge criteria. At least 50% of the loans will specifically contribute to the private sector inclusive growth, decent job creation for young people and youth entrepreneurship.

Sektor(en)

• Durchleitungsdarlehen - Durchleitungsdarlehen

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

EUR 50 million

Gesamtkosten (voraussichtlicher Betrag)

not applicable

Umweltaspekte

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate. Wema Bank PLC is in scope of EIB's Paris Alignment Framework (PATH) which supports counterparties on their pathways to align with the Paris Agreement.

Auftragsvergabe

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Projektstatus

In Prüfung