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$374,605.00 (Project budget includes all project-funded activities)
Last Updated Date
Nov 20, 2024
Project Estimated Start Date
Apr 20, 2020
Project Estimated End Date
Mar 31, 2023
Project Description
The Vanuatu Credit Reporting project will work strengthening the credit information system in Solomon Islands by developing a credit reporting legal and regulatory framework; modernizing the credit reporting system to include comprehensive credit reporting and strengthening the capacity, outreach and awareness of the existing credit bureaus.
Development Results
The project aims to improve access to credit for individuals and MSMEs in Vanuatu by helping the country to improve its credit reporting system.
Indicator
Calendar Year 2020 Results
Cumulative Results as of 2020
Number of procedures/firm-level policies/practices/standards recommended for improvement or elimination
Not Available
Not Available
Number of entities receiving in-depth advisory services
Not Available
Not Available
Number of new laws/regulations/amendments/codes/government policies drafted, or contributed to the drafting
Not Available
Not Available
Number of participants in workshops, training events, seminars, conferences, etc.
23
23
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
1
1
Number of women participants in workshops, training events, seminars, conferences, etc.
5
5
Number of workshops, training events, seminars, conferences, etc.
2
2
E&S Risks / Impacts and Mitigation
Performance Standard
Description & 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.
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.
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.
The map is for illustrative purposes and does not imply the expression of any opinion on the part of the World Bank, concerning the legal status of any country or territory or concerning the delimitation of frontiers or boundaries. Country borders or names do not necessarily reflect the World Bank Group's official position. In some cases, available project location information is limited to the country of the project's activities. Locations are approximate.