PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

608778

Primary Business Area

Financial Institutions Group

Disclosure Date

Aug 8, 2024

Country

Congo, Democratic Republic of

Region

Africa

IFC Approval Date

Jul 31, 2024

Status

Active

Estimated Total Budget

$300,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Aug 14, 2024

Project Estimated Start Date

Jul 29, 2024

Project Estimated End Date

Jun 30, 2025

Project Description

The project will assist BOA Group in the scaling up of its SME and WSME 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