PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

577567

Primary Business Area

Access To Finance

Disclosure Date

Aug 12, 2013

Country

Philippines

Region

East Asia and the Pacific

IFC Approval Date

Aug 1, 2013

Status

Completed

Estimated Total Budget

$4,833,218.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated End Date

Jun 30, 2017

Project Description

The project will have 3 components:
1. Sector studies - Value chain analysis of strategic crops in priority agriculture growing regions to identify needs of financial institutions and agribusinesses in order for IFC to design and implement optimal intervention for their partner banks and agribusiness lead firms.
2. Advisory services to banks - Technical assistance and capacity building to banks to improve their understanding of the opportunities in the agribusiness sector, and to enhance their internal processes and organizational capabilities, in order to expand their lending activities in the agribusiness sector.
3. Advisory services to agri sector lead firms - Technical assistance and capacity building to lead firms to improve extension services that will result in enhanced agriculture practices at the farm level, and higher levels of farmer financial literacy.
CARD SME Bank is the first partner institution under this project.

Development Results