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IFC Investments in Tajikistan (selected)


Year
Project
Project
Cost*
(million USD)
IFC
Financing*
(million USD)
Project
Description
2008SEF IMON
2.5
Loan to International Micro Loan Fund to finance micro and small entrepreneurs both in urban and rural areas through individual and group lending products
2004/05/06FMBT
3.8
1.3
Equity to establish the First Micro Finance Bank Tajikistan, which will be the first licensed microfinance bank in Tajikistan.
2002Central Asia Facility
118.0
45.0
Loan to the Central Asia Micro and Small Enterprise Facility, to increase availability of funds for small enterprises by creating specialized micro and small business finance windows at selected local banks.
2003Giovani
12.6
3.0
Equity in Giovani, which will upgrade its plant and expand its operations through construction of a jean manufacturing facility.
2002Pamir Energy
26.4
8.0
Loan and equity in Parmir Energy Development, which will take over state-owned hydropower plants and other assets in eastern Tajikistan.
2002SEF Telecom Tech
0.9
0.4
Loan to an Internet services provider in Dushanbe, which will expand activities to other cities by installing four satellite VSAT stations.
2002SEF FOM
0.5
0.3
Loan to provide financing and advisory servies to cotton farmers to enable them to control commercial activities and become sustainable.
2001SEF TSB
1.9
0.5
Equity to strengthen capital base and increase available funding to support growth in private sector and SME lending.
2000SEF Holland
1.3
0.4
Expansion of an existing supermarket business in Dushanbe region. Providing advisory services and support to local suppliers, the project will also contribute to development of the distribution and retail sector in Dushanbe area.
2000SEAF Central Asia Small Enterprise Fund
20.0
2.5
SEAF Central Asia Enterprise Fund LLC will provide equity, quasi-equity, debt financing, and technical and managerial

* Project cost and IFC financing refer to amounts approved by the IFC's Board.