| Financier | Commitments |
|---|---|
| Lebanon Financing Facility | 3.00 |
Building Beirut Businesses Back & Better (B5) Fund - Additional Financing
Abstract*
The Building Beirut Businesses Back and Better (B5) Fund is a US$25 million grant that aims to support the recovery of Micro and Small Enterprises (MSEs) damaged by the Port of Beirut (PoB) explosion of August 4, 2020, and sustain the operations of Microfinance Institutions (MFIs). It is financed by the Lebanon Financing Facility (LFF), a multi-donor trust fund established in December 2020 and managed by the World Bank to pool and coordinate grant... Show More
Development Objective
The Project Development Objective is to support the recovery of targeted micro and small enterprises (MSEs) and sustain the operations of eligible microfinance institutions (MFIs).
Key Details
Project Details
P181623
Active
Zeina El Khoury
Kafalat SAL
April 11, 2024
(as of board presentation)
June 28, 2024
N/A
US$ 0.00 million
Kafalat SAL
2025
US$ 3.00 million
N/A
June 26, 2024
June 30, 2025
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 3.00 |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
Detailed Financial Activity as of February 28, 2025
No data available.
Results Framework
No data available.