PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

592927

Primary Business Area

Access To Finance

Disclosure Date

Mar 26, 2013

Country

Indonesia

Region

East Asia and the Pacific

IFC Approval Date

Jan 13, 2013

Status

Completed

Estimated Total Budget

$1,015,464.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated End Date

Jun 30, 2015

Project Description

The project will provide comprehensive advisory services to financial institutions to enable the development and expansion of housing microfinance loan products. The scope and nature of the IFC's support will be tailored specifically to the conditions, needs and strategy of the FIs as well as the capacity of the construction material supplier under this project. Advisory services to be provided will encompass two components:
(i) capacity building for selected banks and microfinance institutions, which will focus mainly on the development, piloting, and roll-out of housing microfinance products. Training will also be provided in the areas of business models, risk management, internal controls, access to long term funding, construction technical assistance, etc.
(ii) dissemination and learning with the intention of creating a market demonstration effect for housing microfinance, through a series of dissemination seminars, reports, presentations, and other forums. IFC may conduct a national workshop to disseminate the findings of the joint IFC/Holcim Housing Finance Survey to a wider audience. Furthermore, as results become available from this project, a national seminar may be conducted to publish the results and share lessons learned.

Development Results