Lign of credit to Kenya Industrial Estates (K.I.E)


Project Summary

Approval Date 22 Dec 1986
Signature Date 28 Jan 1987
Sovereign / Non-Sovereign Non Sovereign
Sector Finance
DAC Sector Code 24030
Commitment U.A 4,523,529.09
Status Completion

Project Objectives

The objective of the proposed line of credit is to support KIE in attaining its objective of furthering the economic and social development of rural areas in KENYA, by providing funds for financing industrial projects. Such projects will be within the sub-sectors of agro-industries, manufacturing, processing and engineering. Therefore, the main objective of this line of credit is to finance the foreign exchange components of KIE selected small-scale industrial sub-projects, particularly in the rural areas of KENYA. This will assist KIE in promoting the small scale enterprises which, in turn, will further the economic and social development in those areas of KENYA. It will further promote the technical and management skills of the indigenous Kenyans.

Participating Organization

Funding
African Development Fund

Information

IATI identifier 46002-P-KE-HAA-002
Last Update 07 Dec 2022

Export

Contact Details

Email private-sector@afdb.org

Geographic Location

Country Kenya