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  • WSBI

    Project: Making Small Scale Savings Work

    Grant Amount: $16.1 million

    Country: Kenya, Uganda, Côte d’Ivoire, Mali, Nigeria, Senegal, Morocco

    One million new clients living on less than $2 per day will access and use savings services.

    Develop a sustainable business model that demonstrates that low-balance savings accounts can be profitable.

  • MicroSave

    Project: Training for Digital Finance Professionals

    Grant Amount: $8.6 million

    Country: Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, Togo, Madagascar, Congo (DRC)

    Address gaps in the expertise of financial service providers to offer digital financial services to low-income clients in French-speaking countries in Africa.

    Seven hundred practitioners from more than 275 organizations in the West African Economic and Monetary Union region, as well as the Democratic Republic of the Congo and Madagascar, will benefit from increased access to digital financial services training.

    Delivery, uptake, and usage of financial services provided through participating organizations’ agent networks are expected to improve.

  • UNCDF

    Project: Microlead II

    Grant Amount: $23.5 million

    Country: Cameroon, Liberia, Malawi, Rwanda, Uganda, Tanzania, Ghana, Burundi, Burkina Faso, Benin

    Build new institutions in six countries to increase access to financial services for 450,000 people, with an emphasis on savings.

     

    Project: Mobile Money for the Poor (MM4P)

    Grant Amount: $24.9 million

    Country: Zambia, Senegal, Benin

    Expand mobile and other channels to provide financial services to low-income clients in three Least Developed Countries, including Benin, Senegal, and Zambia.

  • Oxford Policy Management

    Project: Savings at the Frontier

    Grant Amount: $17.6 million

    Country: Tanzania, Ghana, Zambia

    Expand the range of financial services available to 250,000 financially excluded clients by designing and rolling out innovative products and delivery channels.

    Test and implement business models that can deliver sustainable financial services to savings groups and their members.

  • MicroCred

    Project: Mass Market Financial Inclusion

    Grant Amount: $12.0 million

    Country: Côte d’Ivoire, Madagascar, Senegal

    Improve access to financial services for 1,125,000 poor, unbanked clients in Senegal, Côte d’Ivoire, and Madagascar.

    Develop savings and credit products that meet the needs of women, youth, and microenterprises that have low and inconsistent cash flows.

    Support MicroCred’s expansion into rural areas where it can reach underserved populations through new delivery channels and financial products.

  • Itad

    Project: Learning Partner: Scaling Access to Financial Services

    Grant Amount: $5.0 million

    Country: Pan-African

    Significantly increase the amount of relevant, actionable knowledge about savings that is available to the Mastercard Foundation, portfolio partners, and the wider sector.

  • IFC

    Project: Partnership for Financial Inclusion

    Grant Amount: $37.4 million

    Country: Côte d’Ivoire, Congo (DRC), Senegal, Zambia, Ghana, Madagascar, Tanzania, Cameroon, Pan-African

    Increase access to financial services for 5.3 million poor clients by scaling up IFC’s strongest cohort of microfinance institutions.

    Innovate and expand successful business models in mobile financial services and facilitate exchange of global best practices.

  • Habitat for Humanity Canada

    Project: Housing Microfinance in Africa

    Grant Amount: $6.6 million

    Country: Uganda, Ghana, Kenya

    Expand access to housing microfinance products and support services to 17,000 low-income households in Uganda, Ghana, and Kenya.

  • FINCA Canada

    Project: Scaling Up Financial Inclusion in Sub-Saharan Africa

    Grant Amount: $12.7 million

    Country: Malawi, Tanzania, Zambia

    Expand the outreach of FINCA in Malawi, Tanzania, and Zambia by providing access to savings services to 500,000 low-income clients.

    Improve staff capacity to lead and support increased outreach.

    Demonstrate how expanding outreach to poor clients impacts their livelihoods.

  • CARE Canada

    Project: Promoting Opportunities for Women’s Economic Empowerment in Rural (POWER) Africa

    Grant Amount: $13.1 million

    Country: Burundi, Côte d’Ivoire, Ethiopia, Rwanda

    Scale savings groups (Village Savings and Loan Associations) in rural areas of Burundi, Côte d’Ivoire, Ethiopia, and Rwanda.

    Provide 480,000 savings group members with access to financial products and services.