PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

596947

Primary Business Area

Access To Finance

Disclosure Date

Sep 15, 2013

Country

Kazakhstan

Region

Central Asia and Turkiye

IFC Approval Date

Aug 5, 2013

Status

Completed

Estimated Total Budget

$180,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Jan 2, 2019

Project Estimated Start Date

Sep 1, 2013

Project Estimated End Date

Sep 30, 2015

Project Description

The overall aim of the project is to contribute to an increased outreach in access to finance in Kazakhstan. More specifically, the Project aims to support Arnur Credit's dynamic growth and expansion plans by designing and delivering a modular package of fee-based advisory services. Based on discussions with Arnur Credit and its shareholders, the modules for Arnur Credit will include credit procedures streamlining and a review of products currently on offer. After a process mapping and consistency check with written procedures, a set of training materials will be developed. These will include an important component of loan officer recruitment and training. This consultancy will be delivered over the next 24 months. Additionally, the Project will assist the client with strategic advice and mentoring to the senior management on Investor and Board of Directors Relations, and ramp up of Corporate Governance structure by leveraging the IFC regional CG teams.

Development Results

E&S Risks / Impacts and Mitigation