PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600560

Primary Business Area

Industry Department - Financial Institutions Group

Disclosure Date

Oct 30, 2014

Country

Tajikistan

Region

Central Asia and Turkiye

IFC Approval Date

Sep 26, 2014

Status

Completed

Estimated Total Budget

$161,750.00
(Project budget includes all project-funded activities)

Last Updated Date

Feb 26, 2017

Project Estimated End Date

Apr 30, 2015

Project Description

The Projects objective is to assist a private sector company to implement a mobile banking solution which will (a) provide access to financial services to the population is poor and remote areas, and (b) help to stream remittance flows into formal financial sector. The scope of the Project includes a technical advice to TCell to conduct a national demand study, to formulate its mobile banking strategy and select the most suitable business model, to prepare an investment grade business plan, and to pilot the product. This Project is a sub-project under a larger regional mobile-banking/mobile-money program covering Tajikistan, Kyrgyz Republic and Azerbaijan.

Development Results

E&S Risks / Impacts and Mitigation