Formal Finance
3 Resources
Read
Multimedia
FinEquity 2023 Annual Meeting
CGAP
2023
FinEquity 2023 Annual Meeting
FinEquity’s 2023 Annual Meeting explored the nexus linking financial inclusion, women’s empowerment, and climate change, with the purpose of understanding how financial services can help women adapt their livelihoods to erratic rainfall patterns and rising temperatures to mitigate climate risks. Among others, the speakers addressed digitally-enabled financial inclusion, stressing the importance of designing digital financial […]
Read
Article
Reaching Informal Savings Groups with Formal Financial Products: A Study’s Unexpected Findings Reveal the Challenges of Digitizing Transactions
By Raksha Vasudevan
NextBillion
2022
Reaching Informal Savings Groups with Formal Financial Products: A Study’s Unexpected Findings Reveal the Challenges of Digitizing Transactions
This article discusses the main findings from a qualitative assessment of Savings at the Frontier (SatF) projects in Ghana, Tanzania, and Zambia, implemented in 2015-2022 and funded by the Mastercard Foundation. The program sought to bridge the gap between formal financial services and informal savings groups, enabling members to access the financial services that best […]
Read
Tool
Tool
Digital Financial Services
Digitization Benefits
Digitization Planning
Digitization Risks & Barriers
Savings Groups’ Linkages Toolkit
By Hermann Messan et al.
United Nations Capital Development Fund (UNCDF)
2020
Savings Groups’ Linkages Toolkit
This toolkit offers practical guidance to financial service providers (FSP) which are already providing or intend to provide formal financial services, including digital financial services (DFS), to savings groups. Insights and lessons offered in this toolkit are based on the experiences of six FSPs, which are UNCDF’s MicroLead partners in Benin, Burkina Faso, Ghana, Malawi, […]