PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607382

Primary Business Area

Financial Institutions Group

Disclosure Date

Dec 13, 2022

Country

Uganda

Region

Africa

IFC Approval Date

Oct 14, 2022

Status

Hold

Estimated Total Budget

$380,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Jul 12, 2024

Project Estimated Start Date

Oct 16, 2022

Project Estimated End Date

Jun 30, 2024

Project Description

The objective of the Project is to operationalize WRF in Uganda under the UWRSA system and thereby increase access to finance in the agricultural sector By completion, the project will: a) Support UWRSA to further strengthen the enabling environment and license at least 2 warehouse operators b) Facilitate WRF pilot arrangements by convening partnerships involving actors with high levels of readiness, including financial institutions, select farmer coops/organizations, grain traders, and collateral managers c) Improve producer organization financial literacy, business management skills and readiness for WRF d) Support financial sector readiness for piloting WRF through market-level actions e) Identify scale-up opportunities for partner FIs which may be supported by IFC credit lines or risk-sharing instruments going forward

Development Results

E&S Risks / Impacts and Mitigation