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$450,000.00 (Project budget includes all project-funded activities)
Last Updated Date
Oct 1, 2024
Project Estimated Start Date
Sep 20, 2024
Project Estimated End Date
Mar 20, 2026
Project Description
This project will provide well-coordinated technical assistance within 18 months, across 5 key components to build Prevalya Mali capabilities and to leverage IFC’s expertise to strengthen Prevalya’ s operating model.
Development Results
This project aims to help Prevalya enhance its operating model by strengthening its strategy and offering capabilities. Enhancing its portfolio will drive economic resilience and help improve insurance services, allowing greater financial inclusion and increased financing in this sector.
Indicator
Cumulative
Number of recommended procedures/firm-level policies/practices/standards that were improved or eliminated
null
Number of participants in workshops, training events, seminars, conferences, etc.
null
Number of participants providing feedback on satisfaction
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 reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
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 impact of Environmental and Social risks is anticipated to be low. IFC will apply the principles of the relevant Performance Standards during the project implementation.
Environmental and social risks will be reviewed throughout the lifecycle of the Project. If Environmental and Social risks are identified during the implementation phase of this Project, the IFC team will assist the client in gaining a good understanding of IFC's Performance Standards and will provide recommendations for appropriate mitigation measures whenever warranted.
Press-Release
Additional Documents
Similar Projects
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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