Banque Internationale NFS (IFC-601453)

Countries
  • Mali
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
Active
Bank Risk Rating
U
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
Sep 13, 2016
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.
Borrower
BICIM
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 0.40 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ IFC website

Updated in EWS Oct 12, 2017

Disclosed by Bank Jun 13, 2017


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
A clear need for specialized SME management training has been identified by BICIM in Mali. Business Edge (BE) will be deployed in Mali using a commercial model, where IFC will work with BICIM and selected local training providers in order to provide the required technical assistance to identified SMEs. IFC will draw from its global expertise in value chain solutions and capacity building to deliver the project, implementing the following two components: - Component 1: Capacity Building for BICIMs selected SME portfolio of pharmacy clients (small/medium-sized pharmacies), as well as BICIM staff. - Component 2: Capacity building support to other potential SME clients in the overall pharmaceutical and health sector.
Investment Description
  • International Finance Corporation (IFC)
Contact Information
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 CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/