Tender Details

Country: Cote d'Ivoire
Summary: Perception and Adoption of Psychometric Scoring by Lenders and Borrowers in Cote D-Ivoire and Uemoa
ICT Ref No: 117669995
Deadline: 23 Apr 2025
Financier: World Bank (WB)
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: 0002015378
Purchaser's Detail:
Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details.
Login to see details
Description:
Access to finance is a major constraintto growth for MSMEs in Cote d-Ivoire, where the financial inclusion rate standsat 43%. The IFC estimates that 57% of MSMEs are credit constrained with theMSME finance gap estimated at $2.36 billion (IFC, 2018). Furthermore, 85.7percent of loans require collateral that is valued at 157 percent of the loanamount. Women MSMEs, and especially informal traders and business owners, are aparticularly vulnerable segment due to the high perceived risk associated withtheir activity.Financial institutions in Cote d-Ivoire- both commercial banks and microfinance institutions (MFIs) - are generallyreluctant to extend credit to MSMEs as most micro (operating largely informallyand on a cash basis) and small business owners do not have land propertyusually preferred by FIs and no credit profiles, hampering their ability toaccess credit from FIs. Despite the low supply credit and stringent selectionof “creditworthy” MSMEs based on credit history and available collateral,portfolio quality is deteriorated especially in the MFI sector. This is anindication that traditional creditworthiness assessment methods have not beenyielding the desired results and most informal thin-file and low credit profileMSMEs have been excluded from credit on subjective grounds.Digital financial services are largely dominatedby the mobile money offerings of local Mobile Network Operators (MNOs);however, banks and traditional financial institutions are gradually innovatingin this realm by deploying their own digital platforms. The Government of Coted-Ivoire has a clear commitment and strategy for promoting a digital economyagenda in the country (creation of a dedicated Ministry of Digital Economy in2016). At the same time, the government's ambition is to make microfinance oneof the driving forces of financial inclusion to revitalize the economic and financialsystem of the country. By leveraging technological innovations forcreditworthiness assessment, this new momentum ...
Documents:

If you are registered member, kindly login to view full details of this tender notice:

Perception and Adoption of Psychometric Scoring by Lenders and Borrowers in Cote D-Ivoire and Uemoa - Ivorycoast Tender

The WORLD BANK(WB), a Government sector organization in Cote d'Ivoire, has announced a new tender for Perception and Adoption of Psychometric Scoring by Lenders and Borrowers in Cote D-Ivoire and Uemoa. This tender is published on IvorycoastTenders under ICT Ref No: 117669995 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-04-23.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.