Home › Finance

Loan Guarantees

The Development Credit Authority (DCA) is a broad, general funding authority that allows USAID to issue loan guarantees for any development purpose in part 1 of the Foreign Assistance Act. DCA is intended to be used as credit enhancement with true risk sharing on the part of private and public sector partners. Some of the priority areas for DCA are Global Climate Change activities, small business promotion, energy and environmental infrastructure in countries where USAID has active presence.

STATUS OF THE
USAID/BULGARIA MEEP PROJECT PIPELINE - June 2001

Project
Sponsor

Location
City

Project
Cost

UBB Loan
under
DCA

Portfolio
Utilization

PROJECTS FINANCED UNDER
DCA

1

Pirinsko Pivo Brewery

Blagoevgrad

$406 000

$292 000

4,67%

2

Municipality

Pernik

$444 670

$147 790

2,36%

3

Municipality

Pazardjik

$144 032

$100 415

1,61%

4

Municipality

Silistra

$306 059

$216 995

3,47%

5

Municipality

Popovo

$66 639

$42 453

0,68%

 

Total Projects Financed
under DCA

$1 367 400

$799 652

12,79%

PROJECTS WAITING UBB RESOLUTION

6

Municipality

Sevlievo

$328 440

$204 362

3,27%

 

Total Projects Waiting
Resolution

$328 440

$204 362

3,27%

PROJECTS IN DEVELOPMENT

7

Elprom Elin

Kubrat

$332 326

$232 628

3,72%

8

Municipality

Veliko Tarnovo

$318 182

$222 727

3,56%

 

Total Projects in Development

$650 508

$455 355

7,29%

 

Total Successful &
Upcoming Loan Applications

$2 346 348

$1 459 369

23,35%

DCA Portfolio Size

$6 250 000

 

The DCA program in Bulgaria is a unique financial mechanism to develop sustainable energy efficiency financing. Under the DCA program USAID/Bulgaria provides guarantees (50% of outstanding principal) on behalf of non-sovereign project sponsors (qualifying borrowers) in favor of the United Bank of Bulgaria (UBB). Within a Municipal Energy Efficiency Program (MEEP) a pipeline of projects were developed as part of a DCA portfolio.For more information on how this program works please visit our CASES section of this site. Detail information on the DCA can be found at the USAID web site.