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$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
The overall goal of this project is to assist Interbank Burundi to grow its MSME segment by enriching and adapting its product offering to MSME needs. The Bank aims to make its delivery model more efficient by accelerating its digital transformation, improving its operational efficiency, cost monitoring and management of risks. This will allow the Bank to increase banking services and credit to MSMEs, which would in turn contribute to Burundi’s economic development by improving access to finance for constrained businesses.
Indicator
Cumulative
Number of procedures/firm-level policies/practices/standards recommended for improvement or elimination
1
Number of micro loans outstanding
1102
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of its due diligence and as mandate by IFC's Sustainability Policy, the IFC team has screened this project to assess consistency with IFC Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client as the final decision maker in gaining a good understanding of IFC"s Performance Standards.
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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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