Overview

CMEC Loans $63,048.96 to Cecrisa Revestimentos Ceramicos

Commitments (Constant USD, 2023)$76,057

Commitment Year•2016Country of Activity•BrazilDirect Recipient Country of Incorporation•BrazilSector•Unallocated/unspecifiedFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Aug 1, 2016

Start (planned): Aug 1, 2016

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 Machinery Engineering Corporation (CMEC)

Receiving agencies

Private Sector

Cecrisa Revestimentos Ceramicos S.A.

Loan description

CMEC Loans $63,048.96 to Cecrisa Revestimentos Ceramicos

Interest type•Unknown

Narrative

Full Description

Project narrative

In August 2016, China Machinery Engineering Corporation loaned 63,048.96 Euros to Cecrisa Revestimentos Ceramicos S.A. 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.