mail from VEC

[OFPD]

The OPEC Fund for International Development 
Foreign Processing Department
OPEC House, Martin Street,
Birstall, Batley West Yorkshile
WF17 9PJ – UNITED KINGDOM 
Attn: Private.
We wish to notify you of the ongoing Private Sector / Micro Credit Loan Scheme to viable international investors and business enterprenour in the Human Resources and community Development of OFID (Opec Fund for International Development).
The Ofid presently focus it attention on Agriculture, Water and Sanitation, Health, Education, Telecommunication, Industry, Transport and several other investment purposes. 



The Private Sector Loan / Micro Credit Sheme represents an additional, complementary means through which OFID can fulfil its core mission of assisting its partner countries in their socio-economic development. By extending micro credit loans and equity investments, the Ofid Loan seeks to encourage the growth of productive private enterprise and local capital markets. The scheme provides long-term, fixed-rate financing to small businesses to acquire real estate or machinery or equipment for expansion or modernization.
The Ofid manages risk by partnering with other commercial banks to support commercially viable, privately-owned enterprises. State-owned institutions may also be eligible, if they are commercially managed as autonomous enterprises or act as a channel of support for local private enterprises. In addition, public-private partnership projects are supported when operated on private enterprise principles. Projects selected are required to have a high developmental value.
Through providing credit lines to financial intermediaries, the Facility prioritizes support for micro-,small,- and medium-sized enterprises, whose activities drive economic growth and play a key role in employment generation and poverty alleviation. The Facility also gives priority to the energy sector as part of the wide range of solutions delivered by OFID in fighting energy poverty, one of OFID’s key strategic objectives.
The Ofid private Sector Loan / Micro Credit Scheme as a channel of encouraging investors in their line of trade has estimated the lending for a period of 10 years with 0% percent interest rate. As this will help promote local capital market and development.

On the bases of above subject, you are to forward an APPLICATION LETTER OF INTEREST via email to your assigned processing officer Dir. Eric McGregor (mcgregoreric155 at hotmail.com ) as soon as possible or call +44 753 826 7811 to enable immediate commencement of your loan processing.
Regards,
Mrs. Ikhlass Al-Sheikhly 
Head of Grants Unit, OFID 
The OPEC Fund for International Development
Foreign Processing Department
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