ACTIVITY TITLE
Farovon Tajikistan
Reported by
ACTIVITY SCOPE COLLABORATION TYPE AID TYPE FINANCE TYPE FLOW TYPE TIED STATUS HIERARCHY
National 4 Multilateral outflows 4
Project-type interventions C01
Untied 1
Planned start date 2023-05-19
Planned end date 2028-04-28
Actual start date 2023-05-19
Actual end date 2026-01-31
activity status: Finalisation
Physical activity is complete or the final disbursement has been made, but the activity remains open pending financial sign off or M&E
WHO'S INVOLVED ( 2 )
PARTICIPATING ORG REFERENCE ROLE TYPE
European Bank for Reconstruction and Development
Funding Multilateral
FAROVON-1 LLC
Implementing Private Sector
General
The provision of a € 2.5 million (US$ 2.7 million) senior secured loan (the "Loan") to Tajikistan-based flour and animal feed producer Farovon Group. The Bank's financing will be used to purchase equipment for edible oil refinery.
recipient country ( 1 )
TajikistanTJ
100
LOCATION ( 1 )
NAME DESCRIPTION POSITION CLASS REACH EXACTNESS
KHUJAND
ID 1514879 (Geonames)
40.28256 69.62216 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IATI Withdrawn ( 1 )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/
Agro-industries32161
100
GLOSSARY
Agro-industriesStaple food processing, dairy products, slaughter houses and equipment, meat and fish processing and preserving, oils/fats, sugar refineries, beverages/tobacco, animal feeds production.
Financial Overview
Outgoing Commitment ( 1 )
Outgoing Commitment
Transactions ( 1 )
Outgoing Commitment ( 1 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2023-05-19
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
FAROVON-1 LLC
2,500,000
EUR
Outgoing Commitment
General Enquiries
European Bank for Reconstruction and Development
+44 20 7338 7380
5 Bank Street, London E14 4BG
conditions( 1 )
NARRATIVE TYPE DESCRIPTION
The provision of a € 2.5 million (US$ 2.7 million) senior secured loan (the "Loan") to Tajikistan-based flour and animal feed producer Farovon Group. The Bank's financing will be used to purchase equipment for edible oil refinery. For more details, please refer to the project summary document at https://www.ebrd.com/view/psd/51805
Performance The condition attached requires certain outputs or outcomes to be achieved by the recipient