ACP GENDER FINANCE FACILITY - BNI

Projektträger – zwischengeschaltetes Finanzinstitut

BANCO NACIONAL DE INVESTIMENTO SA

Ort

• Mosambik

Beschreibung

The facility provides funding to Banco Nacional de Investimento (BNI) to provide loans supporting small projects undertaken by private sector entities, notably small and medium sized enterprises (SMEs). A particular focus will be given on projects impacting positively on gender equality and women's economic empowerment, in line with the 2X Challenge Criteria.

Additionality and Impact

The facility provides funding to BNI for on-lending to eligible SMEs and Midcaps, with a focus on women owned or managed businesses. As such, it will tackle the long-standing credit constraints for SMEs by improving access to credit and tailoring loan terms to the specificities of women led businesses. The facility will carry longer tenors than commonly available in Mozambique thereby supporting BNI to diversify and stabilise its funding structure while ensuring final beneficiaries access financing that matches the economic life of assets financed.

The operation will contribute to addressing the market failure of imperfect/asymmetric information and will provide positive externalities. The project is aligned with national, EU and EIB priorities as it aims to enhance inclusive growth and sustainable economic development in Mozambique by increasing access to finance to SMEs with a specific focus on businesses run and/or managed by women. At the national level, the project responds to the National Strategy of Development (2015-2035) that aims to accelerate measures to reduce poverty levels by increasing employment generation and income for Mozambicans, particularly for women. At the EU level, the project is in line with the Multiannual Indicative Programme2021-2027 for Mozambique. The project falls under the EIB Gender Strategy which aims at embedding gender equality and women's economic empowerment in the EIB Group's activities. It also contributes to several Sustainable Development Goals.

Ziele

The aim is to enhance access to finance for the target beneficiaries.

Sektor(en)

• Durchleitungsdarlehen - Durchleitungsdarlehen

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

EUR 15 million

Gesamtkosten (voraussichtlicher Betrag)

not applicable

Umweltaspekte

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

Auftragsvergabe

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

Projektstatus

Unterzeichnet - 10/12/2024