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.