PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600311

Primary Business Area

Access To Finance

Disclosure Date

May 27, 2014

Country

Burundi

Region

Africa

IFC Approval Date

Mar 24, 2014

Status

Completed

Estimated Total Budget

$525,000.00
(Project budget includes all project-funded activities)

Last Updated Date

May 4, 2024

Project Estimated End Date

Jun 30, 2017

Project Description

The project will focus on the implementation of the secured transactions reforms to help consolidate the law and create a functional registry with the objective of improving access to finance through the use of movable collateral. The project will mainly focus on supporting the drafting and adoption of an effective legal framework for secured lending in Burundi, developing a web-based centralized collateral registry and building the local capacity to reap the benefits of the new secured transactions system.

Development Results

E&S Risks / Impacts and Mitigation