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Fidelity has a clear ambition to grow in the SME segment and the purpose of the facility is to enable the bank to grow its SME loan portfolio. Supporting the local SME segment will generate economic growth and have a positive impact on job creation, as SMEs are an important driver for employment in Ghana. Furthermore, through this syndicate FMO is able to introduce four of its strategic partners to Fidelity's network.
Start Date
2016
Donor
Funding Instrument
Country
Region
Thematic
Unique ID
=A167+1
Amount in USD (in million)
25.00