PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

579627

Primary Business Area

Access To Finance

Disclosure Date

Dec 29, 2011

Country

World Region

Region

Global

IFC Approval Date

Jun 23, 2011

Status

Completed

Estimated Total Budget

$2,952,500.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Jul 1, 2010

Project Description

The program continues and refines the Phase 1 project (#549246), updates the objectives and strategic focus, and aligns with the access-to-finance strategy that focuses on innovation, knowledge management, and technical support to regions. The objective is to contribute to the scaling up of commercial microfinance, thereby expanding access to inclusive financial services through concentration in two main areas. The first, portfolio management, manages global network partners and their subsidiary projects in the regions, with the expected outcome of increasing access to financial services for the unbanked. The second area, knowledge management, manages at least 10 knowledge events and two studies, leading to development of at least two new products, with the expected outcome of positioning IFC as a leader in at least two new product areas, and developing three follow up projects.