Final Report of Market Access Trade and Enabling Policies (MATEP Investment Fund (MIF))
Project Overview
The Mitchell Group (TMG) and Newton Lungu & Associates (NLA) provided interim management for the USAID-financed MATEP Investment Fund (MIF).
Client: USAID/Zambia
Countries: Zambia
Region: Africa
Project Description
MIF was created MATEP to provide short- and medium-term loans to Zambian firms to promote exports of agricultural and natural resource products and create a revolving fund that would continue to provide export credits on a sustainable basis beyond the life of the project. TMG and NLA oversaw the continuing operations of MIF; assisted the MATEP end-of-project evaluation team; visited the premises and met with all businesses with outstanding MIF loans at least once; performed all financial management functions for MIF, such as receiving payments and maintaining loan and other financial records; and worked with USAID to identify options for managing MIF loans still outstanding.