Project Number : 599889 IFC Approval Date : 11/27/2013 Country : Philippines Disclosure Date : 02/06/2014 Region : East Asia and the Pacific Status : Active Business Line : Access To Finance Project Estimated End Date : 12/31/2015 Estimated Total Budget : $428,000.00 Last Updated Date : 05/08/2014 (Project budget includes all project-funded activities) Project Description : This project will focus on advisory support in two areas: (1) Product Development and Deployment: Advisory support to financial institutions in designing an insurance product to protect their agri-portfolio and expand farmer clientele reach. (2) Capacity Building for Product Administration: Advisory support to strengthen the administration and expansion of an effective, comprehensive risk management system. Expected Development Impact The project aims to assist financial instituions in the development and deployment of insurance products to address typhoon-related risks faced by both lenders and farmers. It will also strengthen financial institution%s technical and financial capability to administer the insurance products and help remove the constraints of credit expansion to farmers.
Project completion date : 2015-12-31 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),