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Estimated Total Budget Pending (Project budget includes all project-funded activities)
Last Updated Date
Mar 23, 2026
Project Estimated Start Date
Oct 1, 2021
Project Estimated End Date
Oct 1, 2023
Project Description
The objective of this project is to build upon IFC’s first engagement with KIMS Microfinance and assist them in implementing their five-year business plan and associated operational plans.
Development Results
Microenterprises play an important role in achieving socio-economic development as they provide a source of employment for the unskilled and semi-skilled individuals. Expanding access to finance for microenterprises contributes to a favorable environment to allow them to expand and prosper. The project aims to help KIMS to implement its 5-year business plan and associated operational plans. In so doing, KIMS will be able to target a larger number of microentrepreneurs by offering a wider range of products in a more sustainable manner.
Development Results Pending
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, the IFC team has screened this Project to assess consistency with IFC?s Performance Standards.
IFCs 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 IFCs performance standards.
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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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