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BA-L1051 : Global Credit Program for Safeguarding the Productive Sectors and Employment

Project Status: Implementation

The objective of this operation is to support the sustainability of the Micro, Small and Medium Enterprises (MSME) to maintain employment and economic activity in Barbados in response to the crisis caused by COVID-19. The specific objectives are: (i) to support the short-term financial sustainability of MSME; and (ii) to promote the economic recovery of MSME through access to productive financing.

Project Detail

Project Number
BA-L1051
Approval date
December 16, 2020
Project Country
Barbados
Project Sector
FINANCIAL MARKETS
Project Subsector
CAPITAL MARKET DEVELOPMENT
Project Type
Loan Operation
Environmental and social impact category
B13
Project Status
Implementation
Operation Number
5205/OC-BA

Financial Information

Project Number
BA-L1051
Project Status
Implementation

IDB Financing

Financing type
FFF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
May/24/2022

Roles & Responsibilities

Contract signature date
Apr/20/2021

Project Information

Total Cost
USD 30,000,000
Country counterpart financing
USD 0
Amount
USD 30,000,000