Project Number : 599500 IFC Approval Date : 11/19/2013 Country : Cote D%Ivoire Disclosure Date : 02/26/2014 Region : Sub-Saharan Africa Status : Active Business Line : Access To Finance Project Estimated End Date : 08/31/2015 Estimated Total Budget : $370,000.00 Last Updated Date : 05/08/2014 (Project budget includes all project-funded activities) Project Description : This 12 month project will assist Bank of Africa (BOA) CI roll out its new SME strategy, improve its operations and procedures and increase its business in the SME segment through strengthening of its Risk Management framework, organizational structure and staff capacity. The project will be implemented in a fragile and conflict affected state and will support access to finance for SMEs which are key drivers of job creation and economic growth. It is combined with a Trade finance facility which will enable the bank to scale-up its trade and international operations and reach underserved segments such SMEs. Expected Development Impact : This project will assist BOA Cote D%Ivoire (CI) strengthen its internal capacity to sustainably serve SMEs by designing appropriate policies and procedures and strengthening its Risk Management framework. The project will support access to finance for SMEs in a fragile and conflict affected state thereby creating employment opportunities and contributing to economic growth.
Project completion date : 2015-08-31 12:00:00
Major organization : INTERNATIONAL FINANCE CORPORATION (IFC)
Address : 2121 Pennsylvania Avenue, NW Washington, DC 20433 United States Website : http://www1.ifc.org
Country :United States
Financier : International Finance Corporation (IFC),