IBRD LOAN: US$100 million
TERMS: Grace period = 4 years; Maturity = 17 years.
PROJECT DESCRIPTION: The objective of the project is to expand credit flows to micro- and small enterprises on a mass-market and commercially sustainable basis. It aims to help the China Development Bank (CDB) develop a new business line involving wholesaling of MSE subsidiary loans and provide related technical support to participating financial institutions.
