PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

606422

Primary Business Area

Financial Institutions Group

Disclosure Date

Nov 3, 2022

Country

Nepal

Region

South Asia

IFC Approval Date

Jul 26, 2021

Status

Active

Estimated Total Budget

$450,493.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 10, 2022

Project Estimated Start Date

Jul 1, 2021

Project Estimated End Date

Dec 31, 2024

Project Description

IFC recommends and will assist RMDC to focus on strengthening its operating model, digitize its operation, enhance its risk management, and partner organization engagement capabilities. Additionally, IFC will assist RMDC with accelerating its growth by setting up its own retail microfinance operations to have a sustainable long-term business model given the increased competition, regulatory changes, and market conditions.

Development Results

E&S Risks / Impacts and Mitigation