We promote the development of financial markets that include the poor and under-served in Africa and Asia.
The World Bank estimates that around 2 billion adults worldwide do not have access to a basic bank account from a formal financial service provider. More than 200 million Micro, Small and Medium-sized Enterprises (MSMEs) in emerging economies lack adequate financing to thrive and grow.
Our financial inclusion programmes work to make financial markets more inclusive by extending access to services for the unbanked and deepening their usage. We pay special attention to rural markets, agribusinesses, youth, women, and MSMEs. We support the identification, development, launch and scale up of innovative financial solutions that stimulate access and continuous usage, with convenience and customer protection while encouraging fair market practices.
Lessons on how making markets work for the poor can promote sustainable financial inclusion, and how these interventions work best in different markets.