Making Access Possible (MAP) is a diagnostic and programmatic framework to support expanding access to financial services for individuals and micro and small businesses. The MAP methodology and process has been developed jointly by UNCDF, FinMark Trust (FMT) and Cenfri to foster inclusive financial sector growth. At country level, the core MAP partners collaborate with […]
The Business Development Measure (BDM) is a tool developed by FinMark Trust that uses statistical techniques to segment the ecosystem of a country’s Micro, Small and Medium Eterprise (MSME) sector based on several attributes. View the Swaziland Business Development Measure dashboard for 2017.
Access to formal remittance services is difficult for many migrants because of the onerous documentation requirements that banks and remittance providers impose on prospective clients. South Africa has long been the dominant economy in the region. Statistics indicate that South Africa contributes almost two thirds of regional GDP. It comes as no surprise then that […]
The purpose of the mid-term review is to learn from the i2i implementation experience and provide an objective review of the project objectives achieved and an assessment of its performance to date1. A strong emphasis will be placed on learnings derived, against a set of learning questions, as well as determining what the contribution made […]
Access to reliable and regularly updated information on the financial sector is important for formulating and monitoring the impact of financial sector policy on financial market development and conduct. The availability and quality of such data varies from country to country. Sources usually include financial sector providers, the regulators, government statistics, academia, donor projects, international […]
These requirements are a legacy of regulations meant to ensure that the financial system is sound and is not abused for fraud, money laundering or the financing of terrorism. However, they have unwittingly contributed to the continued exclusion of many of the most vulnerable members of society from the financial system. Anyone who has tried […]
Listen in to the Voice of WITS fm (VOW 88.1 fm) podcast from the Business Buzz show on Going Cashless – Are South Africans using cash or banking digitally? Head of South Africa Financial Inclusion Farai Muronda shares insights on the challenges of extending financial inclusion beyond access and the benefits South Africa can gain […]
Despite progress around the world, many people continue to face social exclusion. While not a cure-all, financial services have the potential to connect them to more opportunities. Meet Aminata, a young Senegalese woman in her late teens. She lives with her parents and four siblings in Kedougou, a small town in southeastern Senegal. Aminata completed […]
Despite progress around the world, many people continue to face social exclusion (i.e., limited access to social and economic opportunities). While not a cure-all, financial services have the potential to connect them to more opportunities. For example, evidence shows that financial services have a direct impact on health, education, gender equality and food security. If […]
An exciting internship opportunity within FinMark Trust (FMT) has arisen. The successful candidate will work closely with the Head of Information and Research on different research projects and other research activities. The intern should be highly driven, with a passion for research, data analysis, data management and reporting, high levels of curiosity for solving complex […]
This report by David Porteous of Bankable Frontier Associates (BFA) from the FinMark Trust Digital Identity workshop sets out a framework for defining digital financial identity and its general use cases. The report follows on to consider the current available information about drivers and needs in the SADC identity environment before describing examples of solutions positioned on the digital […]
A dynamic and results oriented Data & Analytics Business Development Manager is required to lead this new position for FinMark Trust (FMT). The successful candidate will work closely with the CEO to develop, coordinate and implement a Data and Analytics revenue & funding Strategy for FMT. FMT has been a data pioneer in Financial Inclusion […]
Remittance markets comprise both an important means of supporting impoverished communities, and a commercial opportunity for financial sector operators. In migrant heavy communities, remittance products can be the most important form of financial service provided, which is often disproportionately benefits female-headed recipient households. In 2012 FinMark Trust commissioned an exercise to estimate the size of […]
The South Africa Financial Inclusion Workshop successfully brought together policy makers, regulators and the financial services industry for a focused discussion on the challenges impeding greater and more beneficial financial inclusion in South Africa. View the report of the South Africa Financial Inclusion Workshop.
The research report study focused on the factors that drove the termination of mobile money services in South Africa focusing on the institutional environment, market environment, end user environment and adoption and availability. The secondary objective was to identify barriers to launching effective mobile financial services (MFS) in South Africa with a specific focus on […]
FinMark Trust (FMT) is an independent trust established in 2002 with the objective of making markets work for the poor. Initial core funding was provided by UKaid from the Department for International Development (DFID) through its Southern Africa office. Recently additional funders have come on board including the UNCDF, the Bill and Melinda Gates Foundation, […]