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LOANS & CREDITS

Lao PDR - Small and Medium Enterprise Access to Finance Project

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WASHINGTON, June 9, 2014 - The World Bank’s Board of Executive Directors today approved the following project: 

Lao PDR - Small and Medium Enterprise Access to Finance Project

IDA Credit: US $10.0 million equivalent 

Terms: Maturity = 40 years, Grace = 10 years

IDA Grant: US $10.0 million equivalent

Project ID: P131201

Project Description: The objective of the project is to provide long-term funding sources for banks so they, in turn, can provide long-term credit to small and medium enterprises.

For more information, please visit here:

http://www.worldbank.org/projects/P131201?lang=en