PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600210

Primary Business Area

Financial Institutions Group

Disclosure Date

Feb 10, 2015

Country

Myanmar

Region

East Asia and the Pacific

IFC Approval Date

Jun 19, 2014

Status

Completed

Estimated Total Budget

$1,118,241.00
(Project budget includes all project-funded activities)

Last Updated Date

Jan 2, 2019

Project Estimated End Date

Dec 31, 2017

Project Description

The project will support the establishment of Fullerton Finance Myanmar Co. Ltd., as a greenfield microfinance insitution in Myanmar. Areas of support will include: building the institution organizational structure, staff training, risk management, operational policies and procedures, rural outreach and responsible finance. Through this project, the new institution is expected to bring international sound practices tailored to the Myanmar context and generate market demonstration effect for a balanced double bottom line approach with a social focus while being commercially sustainable.

Development Results

E&S Risks / Impacts and Mitigation