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$500,000.00 (Project budget includes all project-funded activities)
Last Updated Date
Apr 17, 2026
Project Estimated Start Date
Jan 9, 2023
Project Estimated End Date
Dec 31, 2024
Project Description
The objective of this project is to assist Equity BCDC in increasing access to finance opportunities for local SMEs by strengthening its strategy. The project also aims to reinforce the bank’s risk management capabilities.
Development Results
IFC will support Equity BCDC with an SME Banking project covering the two modules including SME banking and Risk Management.
Indicator
Cumulative
Number of recommended procedures/firm-level policies/practices/standards that were improved or eliminated
0
Number of participants in workshops, training events, seminars, conferences, etc.
null
Number of participants reporting satisfied or very satisfied with workshops, trainings, seminars, conferences, etc.
null
Number of procedures/firm-level policies/practices/standards recommended for improvement or elimination
null
Number of workshops, training events, seminars, conferences, etc.
null
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
The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the lifecycle of the project.
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 and will provide recommendations for appropriate mitigation measures whenever warranted.
Press-Release
Additional Documents
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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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