Chinese Government commits RMB 10 million interest-free loan - through August 2005 ETCA- for unspecified purposes

¥10M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Democratic Republic of Congo
Country	Democratic Republic of the Congo
Start Date	Aug 05, 2005
End Date	Jul 15, 2031
Duration	9,475 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`58831`

Grant Description

Chinese Government commits RMB 10 million interest-free loan - through August 2005 ETCA- for unspecified purposes On August 5, 2005, the Chinese Government and the Government of the Democratic Republic of Congo signed an economic and technical cooperation agreement (ETCA).

📋 Loan / Grant Terms

💰 Loan Amountwith the following terms: 20 year maturity

📅 Maturity20 years

⏳ Grace Period10 years

💹 Interest Rate0%

It is unclear how the proceeds from this loan were used.

📚 Sources & References

我援刚果（金）无息贷款签字仪式在金沙萨举行
ChinaLoansToAfrica©SAIS-CARI.csv
RAPPORT ANNUEL 2006-2008
Signature d'un accord de coopération économique et technique entre la Chine et la RDCongo Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.