Finvivir Feasibility Study (IFC-606609)

Countries
  • Thailand
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Mar 28, 2022
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Finvivir
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Project Cost (USD)
$ 70.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jun 19, 2023

Disclosed by Bank Jun 13, 2023

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the bank's website, the project seeks to support a feasibility study that aimed at providing "relevant strategic and technical analysis to Finvivir on the Asian microfinance market". Specifically, the project hopes to "provide an overview of the Asian microfinance market and opportunities including market size, market segments, competitor analysis and applicable regulatory guidelines, focus on the microfinance opportunities in two Asian countries (to be mutually identified by Finvivir and IFC) including market size, key players, DFS considerations, profile of potential clients and potential local partners, pinpoint potential operating partners for Finvivir to support its entry into one of the two selected Asian countries, and outline the potential costs for starting operations in key countries including minimum capital requirements to consider".

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
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Contact details not provided at the time of disclosure.

 

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