PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

533977

Primary Business Area

Access To Finance

Disclosure Date

May 25, 2009

Country

Congo, Democratic Republic of

Region

Africa

IFC Approval Date

Aug 5, 2005

Status

Completed

Estimated Total Budget

$2,500,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Jan 10, 2005

Project Description

The project assists ProCredit Bank with training, systems development, and establishment infrastructure, to establish a bank in the Democratic Republic of Congo. The objective is for the bank to provide financial services specifically tailored to micro and small enterprises, as well as individuals, that do not have access to financial services offered by commercial banks or microfinance nongovernmental organizations.