PROJECT

Projects

Summary of Proposed Investment

Project Number

26345

Company Name

CJSC Bank Imon International

Date SPI Disclosed

Jan 30, 2008

Country

Tajikistan

Industry

Financial Markets

Projected Board Date

Feb 29, 2008

Status

Completed

Sector

Microfinance and Small Business - Non Commercial Banking

Department

Global Industry, Financial Markets

Environmental Category

FI

Previous Events

Approved : Apr 16, 2008
Signed : Apr 24, 2008
Invested : May 5, 2008

Project Description

The project involves a six year $2,5 million senior loan to International Micro Loan Fund (IMON), a regulated, non-bank Micro Lending Foundation (MLF) based in Khujand, Tajikistan, governed by a Board of Trustees and an independent Board of Directors. The purpose of the loan is to support the growth of IMON’s microfinance lending operations.

Sponsor / Cost / Location

Development Impact