Project Description
The project seeks to lay the foundation for an IFC-led initiative to expand financial inclusion and MSME access to finance across the Philippines, including underserved regions beyond Metro Manila. The initiative will address key barriers both at the sector/market level, and at the financial institution (FI) level. On the sector/market level, the project aims to conduct market assessments to identify MSME financing needs, quantify the MSME lending gap and explore innovative investment structures to mobilize capital for MSME financing. On the FI level, the project aims to support medium to small sized FIs to conduct institutional diagnostics, improve their risk management frameworks, diversify funding sources, and adopt responsible lending practices.