ACTIVITY TITLE
VERSION 2.01
EaP Women in Business - PCBG (EFSD+ 1+3)
Reported by
European Bank for Reconstruction and Development XI-IATI-EBRD Multilateral
ACTIVITY SCOPE COLLABORATION TYPE AID TYPE FINANCE TYPE FLOW TYPE TIED STATUS HIERARCHY
National 4 Multilateral outflows 4
Project-type interventions C01
Untied 1
IATI IDENTIFIER
XI-IATI-EBRD-55055
view xmlview jsonview logsiati registryiati validatordownload csv
DOCUMENTS ( 4 )
Project Summary Document - Transition Impact Environmental Social Summary TEXT/HTML EN Pre- and post-project impact appraisal Project Summary Document TEXT/HTML EN Objectives / Purpose of activity Country Strategy TEXT/HTML EN Memorandum of understanding (If agreed by all parties) Procurement/Tenders TEXT/HTML EN Tender
Planned start date 2024-03-11
Planned end date 2029-04-16
Actual start date 2024-03-11
activity status: Implementation
The activity is currently being implemented
WHO'S INVOLVED ( 2 )
PARTICIPATING ORG REFERENCE ROLE TYPE
European Bank for Reconstruction and Development
 Funding Multilateral
PROCREDIT BANK GEORGIA JSC
 Implementing Private Sector
General
Senior unsecured loan in the amount of up to EUR 8 million to be provided to ProCredit Bank Georgia ('PCBG') to support investment financing for on-lending to women-led MSMEs in Georgia under the Women in Business (EaP WiB) Programme in the Eastern Partnership countries. This will be the first WiB project between EBRD and PCBG, therefore adding one more participant to WiB framework. The project will address the gender related inclusion gap for access to finance in Georgia, as lending to women entrepreneurs might be hindered by the absence or shortage of collateral. The First Loss Risk Cover (FLRC) in PCBG's favour under EFSD+ Programme (Product 1), will enable the bank to enhance borrowing capacity of their target clientele. Moreover, as part of WiB programme EBRD will continue promoting women entrepreneurship and women participation in business by building or improving efficiency of respective entities through expertise and advisory services (ASB) provided under the framework.
recipient country ( 1 )
GeorgiaGE
100
LOCATION ( 1 )
NAME DESCRIPTION POSITION CLASS REACH EXACTNESS
GEORGIA
ID 614540 (Geonames)
41.99998 43.4999 Administrative Region Approximate
country budget items ( 1 )
IATI Withdrawn ( 1 )
The budget identifier reported uses IATI budget identifier categories
7.1.1
100
sector ( 1 )
OECD DAC CRS 5 digit1( 1 )
The sector reported corresponds to an OECD DAC CRS 5-digit purpose code http://reference.iatistandard.org/codelists/Sector/
Formal sector financial intermediaries24030
100
GLOSSARY
Formal sector financial intermediariesAll formal sector financial intermediaries; credit lines; insurance, leasing, venture capital, etc. (except when focused on only one sector).
Financial Overview
Outgoing Commitment ( 1 )
Outgoing Commitment
Transactions ( 1 )
Outgoing Commitment ( 1 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2024-03-11
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
PROCREDIT BANK GEORGIA JSC
 5,000,000
EUR
Outgoing Commitment
General Enquiries
European Bank for Reconstruction and Development
+44 20 7338 7380
projectenquiries@ebrd.com
www.ebrd.com
5 Bank Street, London E14 4BG
conditions( 1 )
NARRATIVE TYPE DESCRIPTION
Senior unsecured loan in the amount of up to EUR 8 million to be provided to ProCredit Bank Georgia ('PCBG') to support investment financing for on-lending to women-led MSMEs in Georgia under the Women in Business (EaP WiB) Programme in the Eastern Partnership countries. This will be the first WiB project between EBRD and PCBG, therefore adding one more participant to WiB framework. The project will address the gender related inclusion gap for access to finance in Georgia, as lending to women entrepreneurs might be hindered by the absence or shortage of collateral. The First Loss Risk Cover (FLRC) in PCBG's favour under EFSD+ Programme (Product 1), will enable the bank to enhance borrowing capacity of their target clientele. Moreover, as part of WiB programme EBRD will continue promoting women entrepreneurship and women participation in business by building or improving efficiency of respective entities through expertise and advisory services (ASB) provided under the framework. For more details, please refer to the project summary document at https://www.ebrd.com/view/psd/55055
 Performance The condition attached requires certain outputs or outcomes to be achieved by the recipient