PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

608071

Primary Business Area

Financial Institutions Group

Disclosure Date

Sep 12, 2023

Country

Senegal

Region

Africa

IFC Approval Date

Jul 11, 2023

Status

Active

Estimated Total Budget

$754,451.00
(Project budget includes all project-funded activities)

Last Updated Date

Sep 14, 2023

Project Estimated Start Date

Jun 30, 2023

Project Estimated End Date

Jun 30, 2024

Project Description

The project will assist BOA Group in the scaling up of its SME and WMSE lending activities through de-risking and increasing its appetite for SME and WSME finance. It will provide training to enable the Group to meet the RSF quarterly and annual reporting requirements and provide operational support to assist in integrating the risk mitigation product into its systems and procedures for immediate execution.

Development Results

E&S Risks / Impacts and Mitigation