Project Number : 599498 IFC Approval Date : 02/13/2014 Country : Bangladesh Disclosure Date : 02/25/2014 Region : South Asia Status : Active Business Line : Access To Finance Project Estimated End Date : 12/31/2017 Estimated Total Budget : $645,000.00 Last Updated Date : 05/08/2014 (Project budget includes all project-funded activities) Project Description : bKash is a Mobile Money System that enables movement of money across Bangladesh. The ultimate objective of bKash is to ensure access to a broader range of financial services for the people of Bangladesh. It has a special focus to serve the low income masses of the country to achieve broader financial inclusion by providing services that are convenient, affordable and reliable. The project aims to engage with bKash in Bangladesh to develop operational processes and procedures for Merchant Acquisition. The project will also assist with implementation of the Merchant Acquisition Strategy. Expected Development Impact : The project is expected to facilitate access to financial services for the lower-income segment of the population in Bangladesh, which will result in greater financial inclusion.
Project completion date : 2017-12-31 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),