PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

599149

Primary Business Area

Access To Finance

Disclosure Date

Sep 19, 2013

Country

Colombia

Region

Latin America and the Caribbean

IFC Approval Date

Apr 16, 2013

Status

Completed

Estimated Total Budget

$145,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Jan 2, 2018

Project Estimated End Date

Dec 31, 2014

Project Description

The Advisory Services project will provide Bancamia with a solid Mobile Financial Services (MFS) strategy, based on the analysis of the enabling environment and existing market opportunities. The project will include the evaluation of internal capacity of internal strengths and weaknesses; as well as an assessment of resources and areas for reinforcement in Bancamia to fulfill its MFS strategy. The final business strategy will provide a path for Bancamia to offer MFS including recommendations for products and services and alternative distribution channels.

Development Results