Baidu MCC Gender (IFC-40399)

  • China
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jan 19, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
The holder of the loan, grant, or other investment.
  • Education and Health
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 97.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Dec 15, 2017

Disclosed by Bank Dec 8, 2017

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Project Description
The proposed investment entails a syndicated mid-term senior loan facility to Baidu Chongqing Baidu Micro-Loan Company Ltd (“Baidu CQ MCC” or the “Company”). Baidu CQ MCC, wholly owned by Baidu Inc., was established in October 2015 and registered in Chongqing. Since inception, Baidu CQ MCC has been providing tuition financing to students who are admitted to vocational training/educational institutions. With the development of its big data-based credit assessment methodology, Baidu CQ MCC is gradually expanding its business with more diversified product offerings. The proposed senior loan facility will be on-lent to women borrowers of the Company to finance their vocational training and education.
Investment Description
Private Actors Description
Baidu CQ MCC is indirectly wholly owned by Baidu Inc., through Baidu Holdings Ltd., Baidu (Hong Kong) Ltd., and Times Technology (Beijing) Co., Ltd. Founded in January 2000 by Mr. Robin Li, Baidu Inc. is a leading Chinese internet company listed in NASDAQ in 2005.
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Baidu Inc Parent Company -

Contact Information
Chongqing Baidu Micro-Loan Co., Ltd. Mr. Yan, Jinhua Funding Manager NO.10, Shangdi Shijie, Haidian District, Beijing, P.R. China ACCOUNTABILITY MECHANISM OF IFC The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at You can learn more about the CAO and how to file a complaint at