XCMG Construction Loans 23,688.80 USD to Target Trading SA

$23.7K USD

Funder	Xuzhou Construction Machinery Group Co., Ltd. (XCMG)
Recipient Organization	Target Trading S.A.
Country	Brazil
Start Date	Mar 01, 2014
End Date	Nov 13, 2026
Duration	4,640 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`61875`

Grant Description

XCMG Construction Loans 23,688.80 USD to Target Trading SA In March 2014, XCMG Construction loaned $23,688.80 to Target Trading SA as import financing.

📋 Loan / Grant Terms

💰 Loan Amountterms and use of the loan are unclear

The Central Bank of Brazil lists the registration of the loan as complete.

📋 Staff Comments

Listed as import financing, assumed to be buyer's credits.

📚 Sources & References

BrazilCentralBank_September102018 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.