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.
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