Amendment No. 1 to the Administration Arrangement between the United Kingdom of Great Britain
   and Northern Ireland, acting through the Department for International Development and the
   International Bank for Reconstruction and Development and the International Development
   Association concerning the Consultative Group to Assist the Poor (CGAP) V Digital Finance
                      Initiatives Single-Donor Trust Fund (TF No.072380)
                        (DFID Aries Component Reference: 203808-106)


1.       Reference is made to the Administration Arrangement between the United Kingdom of Great
Britain and Northern Ireland, acting through the Department for International Development (the “Donor”)
and the International Bank for Reconstruction and Development and the International Development
Association (collectively, the “Bank”, and together with the Donor, the “Participants” and each a
“Participant”) regarding the CGAP V Digital Finance Initiatives Single-Donor Trust Fund (TF No. 072380)
(the “Trust Fund”) effective as of February 19, 2015 (the “Administration Arrangement”).

2.        The Participants mutually decided to amend the Administration Arrangement as follows:

      (a) Paragraph 6.1 of Annex 2 will be deleted and replaced with the following:

      “6.1        It is expected that the funds deposited in the Trust Fund will be fully disbursed by the Bank
      by April 30, 2021 (the “End Disbursement Date”). The Bank will only disburse funds deposited in the
      Trust Fund for the purposes of this Administration Arrangement after such date to the extent such date
      is changed in accordance with an amendment made to this Administration Arrangement. Following the
      End Disbursement Date, the Bank will return any remaining balance of the Trust Fund to the Donor in
      the Holding Currency in the manner specified in this Administration Arrangement.”

3.        All other terms of the Administration Arrangement will remain the same.

4.       Each of the Participants represents, by confirming its acceptance below, that it is authorized to enter
into this Amendment and act in accordance with its provisions. The Participants are requested to sign and
date this Amendment, and upon possession by the Bank of this fully signed Amendment, this Amendment
will come into effect as of the date of the last signature.


INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
INTERNATIONAL DEVELOPMENT ASSOCIATION

                                                                     26-Nov-2019
By:       _______________________________/s1/               Date:   _________________________/d1/
       Qimiao Fan
Name: _______________________________/n1/
           Acting Vice President
Title:    _______________________________/t1/

/d1/
UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND, ACTING THROUGH
THE DEPARTMENT FOR INTERNATIONAL DEVELOPMENT

                                                                    04-Dec-2019
By:   _______________________________/s2/                   Date:   _________________________
       Phil Stevens
Name: _______________________________/n2/
           Head of Private Sector Department
Title:    _______________________________/t2/                       /d2/