Tanzania, Aug. 5 -- USD 50 million loan for commercial bank CRBDDEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH is expanding its commitment in Tanzania and providing the CRDB Bank PLC with a long-term loan of USD 50 million. CRDB Bank is now a leading commercial bank in Tanzania that finances primarily small businesses in rural areas. The loan package comprises two tranches of USD 25 million each. A total of USD 10 million of the financing is secured by a guarantee through the EU's European Fund for Sustainable Development Plus (EFSD+).Loans for local small business ownersThe EU guarantee is available for investments of developmental relevance. CRDB Bank will use the resources to finance loans to small businesses, including th...