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LOANS & CREDITS March 29, 2018

Bangladesh: Sustainable Enterprise Project

WASHINGTON, March 29, 2018 - The World Bank’s Board of Executive Directors today approved the following project:

Sustainable Enterprise Project

IDA Loan:  US$110 million

Terms: Maturity = 38 Years, Grace = 6 Years

Project ID: P163250

Project Description: The project will help 20,000 microenterprises to adopt environmentally-friendly practices for innovative, environmental-friendly technologies and practices. It will incentivize microenterprise clusters to use cleaner technologies and joint amenities such as shared recycling or storage facilities. About 30 percent of the firms that will benefit are owned by female entrepreneurs.

 


Contacts

Washington, DC
Elena Karaban
(202) 473-9277
ekaraban@worldbank.org
Dhaka
Mehrin Ahmed Mahbub
(880-2) 5566-7777
mmahbub@worldbank.org
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