Laos

Environmental & Social Due Diligence Specialist for the “MSME Access to Finance Emergency Support and Recovery Project (MSME A2F-ESR PROJECT) in Lao PDR: Establishment of the Lao Credit Guarantee Facility (CGF)”

The Government of Lao PDR received financing from the World Bank Group’s International Development Association (IDA) for a project to assist Micro, Small, and Medium Enterprises (MSMEs) and the Financial Sector, specifically Participating Financial Institutions (PFIs). The Project’s development objective is to provide long-term funding sources for banks to provide long-term credit to MSMEs to overcome the impact of the COVID 19 Pandemic.

IT System Specialist for Financial Risk Management for the “MSME Access to Finance Emergency Support and Recovery Project (MSME A2F-ESR PROJECT) in Lao PDR: Establishment of the Lao Credit Guarantee Facility (CGF)”

The Government of Lao PDR received financing from the World Bank Group’s International Development Association (IDA) for a project to assist Micro, Small, and Medium Enterprises (MSMEs) and the Financial Sector, specifically Participating Financial Institutions (PFIs). The Project’s development objective is to provide long-term funding sources for banks to provide long-term credit to MSMEs to overcome the impact of the COVID 19 Pandemic.

Legal Specialist for Credit Guarantee and SME Finance for the “MSME Access to Finance Emergency Support and Recovery Project (MSME A2F-ESR PROJECT) in Lao PDR: Establishment of the Lao Credit Guarantee Facility (CGF)”

The Government of Lao PDR received financing from the World Bank Group’s International Development Association (IDA) for a project to assist Micro, Small, and Medium Enterprises (MSMEs) and the Financial Sector, specifically Participating Financial Institutions (PFIs). The Project’s development objective is to provide long-term funding sources for banks to provide long-term credit to MSMEs to overcome the impact of the COVID 19 Pandemic.

Financial Management & Accounting Specialist for the “MSME Access to Finance Emergency Support and Recovery Project (MSME A2F-ESR PROJECT) in Lao PDR: Establishment of the Lao Credit Guarantee Facility (CGF)”

The Government of Lao PDR received financing from the World Bank Group’s International Development Association (IDA) for a project to assist Micro, Small, and Medium Enterprises (MSMEs) and the Financial Sector, specifically Participating Financial Institutions (PFIs). The Project’s development objective is to provide long-term funding sources for banks to provide long-term credit to MSMEs to overcome the impact of the COVID 19 Pandemic.

Credit Risk Management Specialist for the Consulting Services for the “MSME Access to Finance Emergency Support and Recovery Project (MSME A2F-ESR PROJECT) in Lao PDR: Establishment of the Lao Credit Guarantee Facility (CGF)”

The Government of Lao PDR received financing from the World Bank Group’s International Development Association (IDA) for a project to assist Micro, Small, and Medium Enterprises (MSMEs) and the Financial Sector, specifically Participating Financial Institutions (PFIs). The Project’s development objective is to provide long-term funding sources for banks to provide long-term credit to MSMEs to overcome the impact of the COVID 19 Pandemic.

Team Leader and Senior Credit Guarantee Specialist for the Consulting Services for the “MSME Access to Finance Emergency Support and Recovery Project (MSME A2F-ESR PROJECT) in Lao PDR: Establishment of the Lao Credit Guarantee Facility (CGF)”

The Government of Lao PDR received financing from the World Bank Group’s International Development Association (IDA) for a project to assist Micro, Small, and Medium Enterprises (MSMEs) and the Financial Sector, specifically Participating Financial Institutions (PFIs). The Project’s development objective is to provide long-term funding sources for banks to provide long-term credit to MSMEs to overcome the impact of the COVID 19 Pandemic.

Climate Friendly Agribusiness value chains sector project : Financial Management Entity (FME)

The Laotian agribusiness sector is dominated by family-owned SMEs, which are severely constrained in their growth by a lack of access to affordable credit. The financial sector in turn is reluctant to lend to agribusiness perceiving this sector as highly risky. Through the interventions of the Project as described below, the risk averseness of the financial sector will progressively lower and the access to credit in the target provinces of Laos will gradually improve.

Small and Medium Enterprises Access to Finance Project

The development of a large, competitive and innovative SMEs sector is one of the key elements of Lao PDR’s long-term development strategy. As in other countries in the world, SMEs create most of the private sector jobs in the economy and are a critical element for poverty alleviation and shared prosperity. Despite impressive macroeconomic performance in the past years, most firms in Lao PDR still remain small.

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