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$1,500,000.00 (Project budget includes all project-funded activities)
Last Updated Date
Jun 18, 2024
Project Estimated Start Date
Jul 1, 2021
Project Estimated End Date
Dec 31, 2025
Project Description
As a continuation of the three previous Itaú IFC advisory services projects, the objective of this engagement is to help Itaú enhance its non-financial services (NFS) value proposition for micro, small and medium entrepreneurs, with a special focus on women-owned MSMEs and afro-descendent WMSMEs.
Development Results
As a continuation of the three previous Itaú IFC advisory services projects, the objective of this engagement is to help Itaú enhance its non-financial services (NFS) value proposition for micro, small and medium entrepreneurs, with a special focus on women-owned MSMEs and afro-descendent WMSMEs.
Indicator
Cumulative
Number of participants providing feedback on satisfaction
1052
Number of participants reporting satisfied or very satisfied with workshops, trainings, seminars, conferences, etc.
1018
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
2
Number of women participants in workshops, training events, seminars, conferences, etc.
9058
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
Performance Standard 1: Assessment and Management of Environmental and
Social Risks and Impacts
As part of its Due Diligence, and as mandated by IFC Sustainability
Policy, IFC team has screened this project to assess consistency with IFC's
Performance standards. Environmental and social risks will be further reviewed
throughout the life-cycle of the project.
IFC advice will be provided in a manner consistent with the principles
of the relevant Performance Standards. The IFC team will assist the client, as
final decision maker, in gaining a good understanding of IFC's Performance
Standards, and provide recommendations for appropriate mitigation measures
whenever warranted.
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.
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