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$110,000.00 (Project budget includes all project-funded activities)
Last Updated Date
Dec 9, 2018
Project Estimated Start Date
Jul 25, 2016
Project Estimated End Date
Jun 30, 2018
Project Description
The objective of this project is to conduct an in-depth study of Federacion de Cajas de Credito y Bancos de los Trabajadores, Findings will be disseminated to inform on lessons learned from working with an innovative model of a Federation of financial cooperatives to expand financial inclusion among underserved communities, including low-income individuals and MSMEs.
Development Results
The objective of this project is to highlight a successful model of a Federation of financial cooperatives and IFC's support of such a model as a means to expand financial inclusion.
Indicator
Calendar Year 2020 Results
Cumulative Results as of 2020
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
Not Available
2
Number of reports accepted by client
Not Available
1
E&S Risks / Impacts and Mitigation
Performance Standard
Description & Potential Impact
Mitigation
PS 7. Indigenous Peoples
Fedecredito is IFC's existing client in Financial Institutions Group. As such, the FIG project team and respective Sustainability Champion has reviewed to ensure E&S standards are complied with at the Fedecredito.
N/A
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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