PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

550225

Primary Business Area

Access To Finance

Disclosure Date

May 25, 2009

Country

Philippines

Region

East Asia and the Pacific

IFC Approval Date

Dec 19, 2006

Status

Completed

Estimated Total Budget

$2,516,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Oct 31, 2006

Project Description

Addressing the needs of Filipino SMEs that are too small for corporate lending and too large for microfinance, the project provides assistance to a small number of strategically placed SME finance champions—commercial banks interested in downscaling, and rural (or thrift) banks ready to upscale. The objective is to increase access to financial services for Filipino SMEs, and to identify IFC investment opportunities.