Colombia: IFC to Help Fundación Mundo Mujer Transform to Regulated MFI

IFC is providing Advisory Services to Fundación Mundo Mujer to support its transformation from a microcredit nongovernmental organization to a regulated financial institution specializing in microfinance to increase access to finance for entrepreneurs and low-income households. IFC’s support focuses on improving the company’s risk management systems, revising credit policies and procedures, reinforcing its training capacity, improving the finance and treasury area, and designing and implementing savings products.

In addition to the advisory services provided, IFC is supporting the growth of the company’s portfolio with a US$6 million senior loan.

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