Project ID: 35715

China pledges $3.3 million in interest-free loans as start-up capital for businesses in Trinidad

Pledged amount

$ 8469307.205024425

Adjusted pledged amount

$ 8469307.205024425

Constant 2021 USD

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Trinidad and Tobago

Sector

Business and other services (Code: 250)

Flow type

Loan

Level of public liability

Unallocable

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Pledge (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2000-01-01

Description

In 2000, China pledged $3.3 million worth of interest free loans. The allocation of funds was intended to be used as start up capital for small-scale business ventures in Trinidad and Tobago. It is unclear whether or not China committed to their pledge to support start ups in Trinidad.

Number of official sources

0

Number of total sources

1

Download the dataset

Details

Cofinanced

No

Loan Details

Interest rate

0.0%

Bilateral loan

Interest-free loan