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$253,830.00 (Project budget includes all project-funded activities)
Last Updated Date
Jan 2, 2019
Project Estimated End Date
Dec 31, 2015
Project Description
This project will support Sudameris develop a sustainable, profitable and competitive SME business to allow them contribute to increasing access to finance of SMEs in Paraguay in the longer term. This will be achieved by (i) refining and strengthening
the bank's existing SME business model and (ii) improving the SME credit risk management methodology and practices.
Development Results
The expected development impact of this project is to prepare the client for strengthening its SME business model and credit risk management practices in the context of the current competitive landscape in Paraguay, thereby aiming to help enhance its capacity
to sustainably grow the provision of formal financial services for small and medium enterprises in Paraguay.
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards.
The principles of the relevant Performance Standards have been applied to the project
design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards, and will provide
recommendations for appropriate mitigation measures whenever warranted.
Press-Release
Additional Documents
Similar Projects
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