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LOANS & CREDITS

Russian Federation – Microfinance Development Project

January 31, 2013




Microfinance Development Project

IBRD Loan: US$20 million
Terms:
Maturity = 18 years; Grace = 5 years

Project ID: P095554

Project Description: The objectives of the project are to develop a proper legal, regulatory, and supervisory framework to enable safe and sound growth of the microfinance and credit cooperative sectors, and to develop the industry's capacity to meet sectoral regulations and institutional standards.


Media Contacts
In Washington, DC
Elena Karaban
Tel : (202) 473-9277
ekaraban@worldbank.org

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