PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

605734

Primary Business Area

Financial Institutions Group

Disclosure Date

Aug 22, 2021

Country

Honduras

Region

Latin America and the Caribbean

IFC Approval Date

Feb 8, 2021

Status

Active

Estimated Total Budget

$566,200.00
(Project budget includes all project-funded activities)

Last Updated Date

Aug 31, 2021

Project Estimated Start Date

Jan 1, 2021

Project Estimated End Date

Sep 30, 2022

Project Description

IFC will support the Client with the development of a comprehensive value proposition focusing on women-owned MSME and integrating the approach into the Client's business model. The project is structured in four components: COMPONENT 1: Conduct a MSME/WMSME Diagnostic COMPONENT 2: Strengthen the MSME business model including women owned MSMEs COMPONENT 3: Optimize credit risk process for the MSME/WMSME segment with a focus on loan origination COMPONENT 4: Conduct a pilot using agile methodology Throughout the project, the IFC team will support LAFISE in managing institutional change and in building capacity of its staff ensuring proper transfer of expertise and adoption of new processes and tools.

Development Results

E&S Risks / Impacts and Mitigation