Request For Expression Of Interest For Part Time M E Officer Small And Medium Enterprise Access To Finance ProjectBackground The Government Of Lao Pdr Gol Has Received Support From The World Bank Group Specifically The International Development Association Ida To Address Access To Finance Constraints By Small And Medium Enterprises Smes Through The Small And Medium Enterprises Access To Finance Project Smeafp The Project The Ida Has Provided Us 20 Million Equivalent To The Ministry Of Finance Mof Of The Lao Pdr 50 Percent Of The Funding As Grant And 50 Percent As Soft Credit The Project Is Being Technical Implemented By The Department Of Sme Promotion Dosmep At The Ministry Of Industry And Commerce Moic And National Implementation Unit Under Department Of Planning And Cooperation Of Moic Is Core Executing And Coordinating Of Trade Related Oda Of Moic Other Agencies Involved In Project Implementation Include The Participating Financial Institutions Pfis The Objective Of The Project Is To Provide Long Term Funding Sources For Banks To Provide Long Term Credit To Small And Medium Enterprises This Pdo Will Be Achieved By Increasing The Supply Of Long Term Finance Provided By Commercial Banks And By Strengthening The Capability Of Moic To Formulate And Implement Public Policies That Promote Access To Finance For Smes The Project Has Two Components 1 Provision Of A Line Of Credit Loc Facility To Participating Financial Institutions For Extending Long Term Local Currency Loans To Smes For The Implementation Of Specific Sub Projects And 2 Provision Of Technical Assistance To Dosmep And Other Relevant Agencies To Strengthen Their Capacity To Formulate And Implement Strategies Policies Instruments And Other Activities Related To The Promotion Of Smes
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