Request For Expression Of Interest For Consultant To Provide Technical Assistance To Participating Financial Institutions To Expand Their Lending To Target Micro Small And Medium Enterprises Msmes
Request For Expression Of Interest For Consultant To Provide Technical Assistance To Participating Financial Institutions To Expand Their Lending To Target Micro Small And Medium Enterprises Msmes
Economic Community of West African States, ECOWAS,African Union
15-08-2019
Work Detail
Request For Expression Of Interest For Consultant To Provide Technical Assistance To Participating Financial Institutions To Expand Their Lending To Target Micro Small And Medium Enterprises Msmes Project Name Development Finance ProjectThe Federal Government Of Nigeria Fgn Has Obtained A Loan From The International Bank For Reconstruction And Development Ibrd And Intends To Apply Part Of The Proceeds Of This Loan To Engage A Qualified Consulting Firm For The Implementation Of Technical Assistance Ta For Commercial Bank Downscaling Aimed At Expanding Their Lending To Msmes On Sustainable And Commercially Viable Terms The Goal Of The Technical Assistance Program Is To Augment The Level Of Formal Credit And Other Financial Services Being Made Available To Msmes By Improving The Long Term Capacity Of Banks To Profitably And Sustainably Serve This Market Segment This Technical Assistance Is To Be Delivered In The Context Of The Establishment Of The Development Bank Of Nigeria Dbn A Wholesale Development Bank Licensed By The Central Bank Of Nigeria That Provides Long Term Financing And Partial Credit Guarantees To Eligible Financial Intermediaries For On Lending To Msmes The Establishment Of The Dbn Is Supported With Projects Funded By The World Bank And Other Development Partners Including The African Development Bank Afdb European Investment Bank Eib German Development Bank Kfw And French Development Agency Afd With A Combination Of Equity Debt Financing And Technical Assistance Support
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