China Ministry of Commerce extends use period for interest free loan from September 2009 Economic and Technical Cooperation Agreement (Linked to Record ID#70857)

Funder	China (People's Republic of)
Recipient Organization	Bolivia
Country	Bolivia
Start Date	Jun 13, 2015
End Date	Jan 09, 2026
Duration	3,863 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`71251`

Grant Description

On September 30, 2015, the Chinese Ambassador to Bolivia and the Bolivian Minister of Foreign Affairs signed an Exchange of Letters on Extension of the Use Period of Interest-Free Loans.

This extended the use period, by five years, for an interest-free loan of 20 million RMB (about 3.1 million USD) provided to Bolivia through an Economic and Technical Cooperation Agreement (ETCA) signed on September 29, 2009 (see project 70857). 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.