MOFCOM provides RMB 30 million interest-free loan in July 2007 for unspecified purposes

¥30M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Cameroon
Country	Cameroon
Start Date	Jul 01, 2007
End Date	Oct 15, 2026
Duration	7,046 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`91929`

Grant Description

MOFCOM provides RMB 30 million interest-free loan in July 2007 for unspecified purposes On July 1, 2007, China's Ministry of Commerce (MOFCOM) and the Government of Cameroon signed an Economic and Technical Cooperation Agreement (ETCA), which committed an RMB 30 million loan for unspecified purposes.

📋 Loan / Grant Terms

💰 Loan Amountcarried the following borrowing terms: a 0% interest rate

📅 Maturity28 years

⏳ Grace Period19 years

💹 Interest Rate0%

As of December 31, 2020, the loan had achieved a 98.3% disbursement rate.

📚 Sources & References

China Loans to Africa
Government of Cameroon 2020 Register of Chinese Loans and Borrowing Terms 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.