PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607146

Primary Business Area

Financial Institutions Group

Disclosure Date

Sep 25, 2023

Country

Burundi

Region

Africa

IFC Approval Date

Jun 13, 2022

Status

Completed

Estimated Total Budget

$480,000.00
(Project budget includes all project-funded activities)

Last Updated Date

May 22, 2026

Project Estimated Start Date

Jun 13, 2022

Project Estimated End Date

Dec 31, 2023

Client Legal Name

Interbank Burundi Sa

Project Description

IFC is planning to partner with Interbank Burundi to build the Bank’s MSME Banking capacity to serve MSMEs. Specifically, the project seeks to develop a Customer Value Proposition and a new product for MSMEs; build the capacity of MSME Banking staff; develop an MSME Credit Scorecard; increase the value of outstanding MSME loans; and develop the digital transformation strategy.

Development Results

E&S Risks / Impacts and Mitigation