Owned by 186 member countries and consistently rated AAA/Aaa. IFC aims to achieve our mission of promoting development by providing debt and equity to the private sector, through a range of benchmark and bespoke products.
$555,000.00 (Project budget includes all project-funded activities)
Last Updated Date
Sep 30, 2022
Project Estimated End Date
Dec 31, 2015
Project Description
To reach the project goal, IFC has designed a comprehensive package of advisory services to support the MFI in the following areas: (i) Risk Management; (ii) Product Review/Development; and (iii) Institutional Capacity Building (Human Resource Management and Strategic Business Planning).
Development Results
The overall aim of this project is to support a once leading Egyptian MFI in its efforts to (i) build resilience; (ii) diversify product offering; and (iii) enhance institutional capacity. In doing so the project will ultimately allow the MFI to regain its place as one of the key players in the microfinance industry in Egypt evidenced by improved portfolio quality and increased outreach.
Indicator
Calendar Year 2015 Results
Cumulative Results as of 2015
Number of participants reporting satisfied or very satisfied with workshops, trainings, seminars, conferences, etc.
78
78
Number of new financial products designed
0
1
Number of entities receiving advisory services
0
1
Number of participants providing feedback on satisfaction
78
78
Number of procedures/firm-level policies/practices/standards recommended for improvement or elimination
2
8
Number of participants in workshops, training events, seminars, conferences, etc.
111
127
Number of women participants in workshops, training events, seminars, conferences, etc.
57
66
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports) completed
4
12
Number of workshops, training events, seminars, conferences, etc.
8
10
Number of recommended procedures/firm-level policies/practices/standards that were improved or eliminated
2
5
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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