Overview

MOFCOM provides RMB 30 million interest-free loan — via ETCA — in 2013 for unspecified purposes

Commitments (Constant USD, 2023)$5,044,840

Commitment Year•2013Country of Activity•BoliviaDirect Recipient Country of Incorporation•BoliviaSector•Unallocated/unspecifiedFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2013

First repayment (originally scheduled): Dec 30, 2022

Last repayment (originally scheduled): Dec 27, 2032

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

Government Agencies

China Ministry of Commerce

Receiving agencies

Government Agencies

Government of Bolivia

Loan description

MOFCOM provides RMB 30 million interest-free loan — via ETCA — in 2013 for unspecified purposes

Grace period•10 yearsGrant element•75.0516%Interest rate (t₀)•0%Interest type•Fixed Interest RateMaturity•20 years

Narrative

Full Description

Project narrative

In 2013, China's Ministry of Commerce (MOFCOM) and the Government of Bolivia signed an Economic and Technical Cooperation Agreement (ETCA), which committed an RMB 30 million loan for unspecified purposes. The loan carried the following borrowing terms: a 0% interest rate, a 10-year grace period, and a 20-year maturity. The lender made disbursements worth $2,005,956 in 2015. The loan’s (principal) amount outstanding was $2,003,082 as of December 31, 2015.

Staff comments

1. The Government of Bolivia loan identification number is LOAN A/C 2012/1.