[/tab] [tab title=”What is a financing agreement?”] A financing agreement is a contract between the donor and the organisation responsible for the implementation of the project. It summarises the key chapters of the financing proposal and sets out administrative procedures.
[/tab] [tab title=”What problems commonly arise during the financing phase?”] Delays in releasing funds are the biggest and most common challenge during this phase. Delays tend to crop up when the proposal triggers fundamental doubts about the quality of the implementation plan, the credibility of the beneficiary and the capacity of the implementing agency to implement what is required.
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