PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

599848

Primary Business Area

Access To Finance

Disclosure Date

Mar 11, 2014

Country

Madagascar

Region

Africa

IFC Approval Date

Jan 10, 2014

Status

Completed

Estimated Total Budget

$1,537,804.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 26, 2019

Project Estimated End Date

Dec 31, 2016

Project Description

This project will be implemented through MicroCred Holding, which will support the scaling up of its affiliate, MicroCred Madagascar (MCM). MCMs vision is to be the leading full service, retail micro finance institution meeting the needs of the Senegalese market. In order to achieve this, MCM will introduce new channels to both deepen its reach in existing markets as well as expand and reach new clients in new markets.

Development Results

E&S Risks / Impacts and Mitigation