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Overview

China Machinery Industry International loaned 360,638.52 EUR to Cecrisa Revestimentos Ceramicos

Commitments (Constant USD, 2023)$435,042
Commitment Year2016Country of ActivityBrazilDirect Recipient Country of IncorporationBrazilSectorIndustry, Mining, ConstructionFlow TypeLoan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Oct 1, 2016
Start (planned)
Oct 1, 2016

Geospatial footprint

Map overview

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China Machinery Industry International provided a loan to Cecrisa Revestimentos Ceramicos. More detailed locational information can be found at: https://www.openstreetmap.org/way/88464422

Stakeholders

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

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned companies

  • China National Machinery Industry Corporation (Sinomach)

Receiving agencies

Private Sector

  • Cecrisa Revestimentos Ceramicos S.A.

Loan desecription

China Machinery Industry International loaned 360,638.52 EUR to Cecrisa Revestimentos Ceramicos

Interest typeUnknown

Narrative

Full Description

Project narrative

In October 2016, China Machinery Industry International loaned 360,638.52 EUR to Cecrisa Revestimentos Ceramicos as import financing. The loan terms and use of the loan are unclear. The Central Bank of Brazil lists the registration of the loan as complete, however the current status is unclear.