AMSME Co-op Bank (IFC-601493)

Countries
  • Kenya
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
Oct 11, 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.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 1.19 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 Aug 14, 2017

Disclosed by Bank Jun 23, 2017


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Project Description
This is an SME Banking Advisory Services project with Co-operative Bank and is designed to increase access to finance to the underserved SME market segment. The AS will design and deliver SME related processes, procedures and products and train bank staff to effectively serve the segment.
People Affected By This Project
The SME sector plays an important role in creating sustainable economic growth in most emerging markets like Kenya. The 12 month project is expected to increase access to finance for the Cooperative Banks SME and Women markets clients through strengthening the Banks capacity to serve them.
Investment Description
  • International Finance Corporation (IFC)
Contact Information
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