PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

599638

Primary Business Area

Access To Finance

Disclosure Date

Jun 26, 2014

Country

Sri Lanka

Region

South Asia

IFC Approval Date

Jun 6, 2014

Status

Completed

Estimated Total Budget

$555,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated End Date

Jun 30, 2017

Project Description

The project aims to expand access to financial services among MSMEs in Sri Lanka. Therefore the project will provide advisory services to SANASA Development Bank PLC to sustainably transform itself into an MSME bank from its current microfinance business by : 1. Assisting to conduct a comprehensive bank-wide in-depth diagnostic study and 2. Based on the findings of the diagnostic study, assist SANASA Development Bank PLC carry out the transformation process to become an MSME bank.

Development Results

E&S Risks / Impacts and Mitigation