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PRIVATE SECTOR ASSISTANCE

1. Name of Organisation :

KfW - Kreditanstalt fü r Wiederaufbau

2. Assistance Scheme/Program :

KfW provides:

  • long-term loans at low interest rates

  • long-term finance to support the export of capital goods; and

  • grants for feasibility studies, training and/or management support.

3. Criteria :

Projects for which funding is sought can be in any developing country. Applications can be sought by:

  • German companies with an annual turnover of up to DM1 billion (including associated companies);

  • subsidiaries of such companies outside Germany; and

  • international joint ventures with a minimum participation of 30% by German small and medium-sized companies.

Investments that can be financed include purchase of company shares, real estate, buildings, machinery or equipment, but excludes working capital and projects already completed.

Amounts that can be financed depend on the annual turnover of the applicant:

  • if up to DM 100 million: up to ¾ of the investment amount;

  • if between DM 100 million and DM 1 billion: up to 2/3 of the investment amount with a maximum loan volume of DM 10 million; and

  • in case of joint ventures, will only lend up to the same level as the German investor.