Project Description
Under the project, IFC will work with Credit Reference Center of the People's Bank of China (CRC, PBOC) and the leading rural, micro and small lending (RMS) operators as well as local authorities to explore how to better use credit reporting to promote RMS lending. Specifically, the project will works on: (i) upgrading the existing credit reporting regulation; (ii) develop specialized credit reporting products/services for lenders serving rural, micro; and (iii) assisting the development of institutional arrangements and knowledge in financial literacy / education, and in financial services consumer protection.