PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

605745

Primary Business Area

Financial Institutions Group

Disclosure Date

May 21, 2023

Country

Philippines

Region

East Asia and the Pacific

IFC Approval Date

Apr 27, 2021

Status

Active

Estimated Total Budget

$508,020.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 1, 2023

Project Estimated Start Date

May 1, 2021

Project Estimated End Date

Dec 31, 2023

Project Description

IFC is supporting BanKo's aspiration to evolve its risk management and digital microfinance business capabilities through an advisory project with four components: 1. 360 Microfinance Business Assessment; 2. Digital lending product design; 3. Digital lending pilot implementation; 4. Application Scorecard design and pilot.

Development Results

E&S Risks / Impacts and Mitigation