Overview

$1,000,000 Chinese Government grant for Small Business Development Fund of Grenada in 2005

Commitments (Constant USD, 2023)$2,004,331

Commitment Year•2005Country of Activity•GrenadaDirect Recipient Country of Incorporation•GrenadaSector•Business And Other ServicesFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2005

End (actual): Jan 20, 2005

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

China Ministry of Commerce

Receiving agencies

Government Agencies

Government of Grenada

Loan description

$1,000,000 Chinese Government grant for Small Business Development Fund of Grenada in 2005

Narrative

Full Description

Project narrative

According to internal records that the Government of Grenada shared with AidData in June 2018, the Chinese Government provided a $1,000,000 grant to the Government of Grenada in 2005 to support the Small Business Development Fund of Grenada. The Small Business Development Fund is a program initiated by Grenada Development Bank to support small businesses, create job opportunities, and provide credit to unemployed people in rural communities.

Staff comments

1. The main source (see Dropbox link) was provided to AidData by a Ministry of Finance official in Grenada.