DOMINICAN REPUBLIC MICROFINANCE FACILITY

Projektträger – zwischengeschaltetes Finanzinstitut

Not disclosed.

Ort

• Dominikanische Republik

Beschreibung

Operation to finance micro, small and medium sized enterprises in the Dominican Republic. The EIB loan will contribute to two Global Gateway Investment Agenda priorities, namely, women empowerment and gender equality by financing small-scale projects by micro-entrepreneurs with a focus on women borrowers (50%), and combat sargassum, a seaweed whose proliferation in the Caribbean has negative impact on the marine ecosystem, fishing and tourism. It is proposed to allocate 30% of the EIB loan to sargassum-related projects.

Ziele

Financing of micro-entrepreneurs and small and medium sized enterprises in the Dominican Republic with a focus on women borrowers (50%). A third (30%) of the operation will be allocated to borrowers making use of sargassum, a seaweed whose proliferation in the Caribbean has negative impact on the marine ecosystem, fishing and tourism.

Sektor(en)

• Durchleitungsdarlehen - Durchleitungsdarlehen

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

not disclosed

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

Genehmigt - 19/09/2024