PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

604845

Primary Business Area

Financial Institutions Group

Disclosure Date

Jan 25, 2022

Country

China

Region

East Asia and the Pacific

IFC Approval Date

May 27, 2020

Status

Active

Estimated Total Budget

Estimated Total Budget Pending
(Project budget includes all project-funded activities)

Last Updated Date

Feb 3, 2022

Project Estimated Start Date

May 28, 2020

Project Estimated End Date

Project Estimated End Date Pending

Project Description

The Client aims to advance financial access for the un(der)served last mile by helping rural financial institutions develop low cost and high availability fintech solutions. The Advisory Service project intends to support the Client to pilot a digital agri-lending solution in a selected rural commercial bank in China. The digital agri-lending solution combines financial technologies with agricultural data analytics and IFC agri-lending scoring methodologies to help lower costs and improve efficiency and objectivity of the decision process for providing financial services and enhancing financial inclusion in rural China.

Development Results

E&S Risks / Impacts and Mitigation