PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607034

Primary Business Area

Financial Institutions Group

Disclosure Date

Sep 8, 2022

Country

Congo, Democratic Republic of

Region

Africa

IFC Approval Date

Jun 6, 2022

Status

Completed

Estimated Total Budget

$80,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 5, 2025

Project Estimated Start Date

Jul 1, 2022

Project Estimated End Date

Jun 30, 2023

Project Description

The project will assist Equity BCDC DRC in scaling up of its MSME lending activities through de-risking and increasing its appetite for MSME finance. It will provide training to enable the Bank to meet the RSF quarterly and annual reporting requirements and provide operational support to assist Equity BCDC DRC to integrate the risk mitigation product into its systems and procedures for immediate execution.

Development Results

E&S Risks / Impacts and Mitigation