In 2014, ELIM Serviços Lda. conducted an independent mid-project evaluation on three loan portfolio guarantees (LPGs) established by USAID/Mozambique. Two 7-year LPGs began in 2009 in partnership with two local lenders: Banco Oportunidade de Moçambique (BOM) for $2m and Banco Terra (BT) for $4.54m. In 2011, the Swedish International Development Cooperation Agency(Sida) joined USAID/Mozambique to co-guarantee another LPG with BT valued at $9.12m.