PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600461

Primary Business Area

Financial Institutions Group

Disclosure Date

Apr 5, 2017

Country

World Region

Region

Global

IFC Approval Date

Sep 3, 2015

Status

Active

Estimated Total Budget

$4,990,890.00
(Project budget includes all project-funded activities)

Last Updated Date

Apr 12, 2017

Project Estimated Start Date

Jul 1, 2015

Project Estimated End Date

Dec 31, 2019

Project Description

This project aims to increase access to financial/banking services through developing alternative delivery channels and to design products delivered through these channels. The project will support the development of innovative and sustainable e-banking solutions using alternative delivery channels such as mobile phones, EFTPOS and payment card infrastructure to initially deliver payment services at low cost to the base of the pyramid as well as micro, small, and medium enterprises, while eventually helping to increase access to banking services more broadly.

Development Results

E&S Risks / Impacts and Mitigation