Grants and Contributions:
Title:
Asian Development Bank – program 2025 to 2030
Agreement Number:
7466694 P015608001
Agreement Value:
$2,000,000.00
Agreement Date:
Mar 7, 2025 - Mar 31, 2025
Description:
This project aims to increase access to finance for women-owned and -led small and medium enterprises (WSMEs) in Vietnam. It seeks to establish a finance facility under the Asian Development Bank (ADB) to provide grants and technical assistance to financial institutions, alongside commercial loans from the ADB and other lenders. These grants and technical assistance aim to incentivize financial institutions to increase outreach to WSMEs. The project also seeks to facilitate greater awareness and capacity of financial institutions to identify and support underserved women entrepreneurs in Vietnam in the long-term. Project activities include: (1) providing performance-based lending or outcome-based lending to incentivize financial institutions to increase their outreach to WSMEs; and (2) providing technical assistance grants to build the capacity of financial institutions partners. The project aims to reach up to 2,200 new WSME borrowers through ADB’s private sector financial partners. It also directly benefit
Organization:
Global Affairs Canada
Expected Results:
The expected outcomes of this project include: (1) increased available financing for women-owned and -led small and medium enterprises (WSMEs) in rural and urban Vietnam; and (2) increased financing for climate-smart small and medium enterprises (SMEs).
Location:
MANILA, PH 0980
Reference Number:
064-2024-2025-Q4-A0048
Agreement Type:
Grant
Report Type:
Grants and Contributions
Recipient Business Number:
3200000000000
Recipient Type:
Not-for-profit organization or charity
Additional Information:
Belated reporting.
Recipient's Legal Name:
ASIAN DEVELOPMENT BANK (AsDB)
Federal Riding Name:
Not Coded
Federal Riding Number:
NA
Program:
Grants - Multilateral Programming
Program Purpose:
Subvention Programmation multilatérale