MicroCred Côte d’Ivoire

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MicroCred Côte d’Ivoire

has announced on 13 Apr 2010 that is accepting bids for the following project: MicroCred Côte d’Ivoire.

The tender will take place in Côte d'Ivoire and will cover the Consumer Goods & Services industry.

The value of this project has not been disclosed by the donor and you can apply until Deadline date

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Bellow you can find more information about the tender description and the bidding procedure.

Location: Côte d'Ivoire

General information

Donor:

Not available

Industry:

Consumer Goods & Services

Status:

Accepting bids

Timeline

Published:

13 Apr 2010

Deadline:

Not available

Value:

Not available

Contacts

Description

https://www.eib.org/en/projects/pipelines/all/20090071

Reference: 20090071
Release date: 13 April 2010

Promoter – Financial Intermediary

MicroCred
Mr Arnaud Ventura, Chairman of the Executive Board
13 rue Dieumegard
93400 Saint-Ouen

France

Location

Côte d'Ivoire

Description

Creation of a commercial microfinance institution in Côte d’Ivoire.

Objectives

To improve access to financial services for micro-entrepreneurs and individuals without bank accounts in Côte d’Ivoire;
To develop microfinance activity that is commercially viable and thus sustainable.

Sector(s)

Services

Proposed EIB finance (Approximate amount)

Up to EUR 3.2 million (equity participation and technical assistance).

Total cost (Approximate amount)

Up to EUR 11 million (capitalisation) and EUR 2.5 million (technical assistance).

Environmental aspects

The financial institution will undertake to deploy a system of managing the social and environmental aspects in accordance with the Bank's requirements.