PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

588467

Primary Business Area

Access To Finance

Disclosure Date

Jun 2, 2013

Country

China

Region

East Asia and the Pacific

IFC Approval Date

Jun 7, 2012

Status

Completed

Estimated Total Budget

$1,267,573.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated End Date

Jun 30, 2016

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.

Development Results