Formal Finance

3 Resources
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Multimedia
Digital Inclusion Digital Literacy Digitization Benefits Digitization Risks & Barriers
Multimedia
Digital Inclusion Digital Literacy Digitization Benefits Digitization Risks & Barriers

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 […]
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Article
Digital Inclusion Digital Payments Digital Recordkeeping Digital Transformation
Article
Digital Inclusion Digital Payments Digital Recordkeeping Digital Transformation

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 […]
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Tool
Digital Financial Services Digitization Benefits Digitization Planning Digitization Risks & Barriers
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, […]