Labor Investment Fund Small Enterprises
The principal objective is to assist Ses in their expansion and development through the provision of capital, thereby strengthening the economies of the target countries and creating job opportunities for local workers. The Project will also attempt to encourage the participation of local pension funds in the two Country funds. Although local pension funds have indicated their interest in investing in SE-focused funds, it is likely that the pension funds will not invest until the Country fund have established a financial track record; however, the participation of local pension funds or other local institutional investor is not necessary for the success of the project.

Project Detail

Country

Regional

Project Number

TC9707178

Approval Date

December 7, 1998

Project Status

Closed

Project Type

Equity

Sector

-

Subsector

-

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 10,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 10,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-6281-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund
Operation Number EQU/MS-6281-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: