Facility amount
– a revolving US$40
million
Purpose of the
facility – to fund working capital and capital expenditure requirements of the gold producers, in order to increase the gold output from the small scale and artisanal
miners;
Lender – Fidelity Printers & Refiners (Pvt) Ltd
Interest Rate
(all inclusive) - 10% per annum
Eligibility for
borrowing companies and individuals –
traceable gold delivery track record with Fidelity Printers & Refiners
(Pvt) Ltd or it’s buying agent.
Tenor of the
loan – up to 3 years
