Dear RFILC members,
We would like to start our March’s newsletter with a topic of Digital Services. The promise of digital services is significant for the rural unbanked. However, there are very few clear-cut best practices for designing these services. There are even fewer best practices when designing for client protection. Therefore, we would like to amplify your knowledge with newly published UNCDF MicroLead programme case study titled “Protecting Savings Groups Reached Through High-Tech Channels: Guidance from the New Client Protection Principles for a Digital Savings Product” from the Freedom from Hunger’s Bridge to Financial Inclusion project based in Burkina Faso. This case study highlights experiences of integrating client protection principles – the minimum standards microfinance clients should expect – into the initial design and roll-out of a digital savings product designed for savings groups platforms.
Secondly, we are thrilled to bring to your attention a new FAO publication, called Agricultural investment funds for development: Descriptive analysis and lessons learned from fund management, performance and private–public collaboration. This analysis explores agricultural investment funds as a vehicle for financing agricultural businesses and projects, and analyzes the capital needs of different agricultural actors along the agricultural value chain and further discusses investment funds and its various types of investors and investment objectives. Overall, this publication outlines the importance of connecting less developed financial markets around the world with national and international investors, and in promoting joint efforts by the public and private sectors.
Finally, the Global Savings Groups Conference 2018 will take place from 22 to 24 May, 2018 in Kigali, Rwanda. The conference is a biennial event that engages a large and diverse community of stakeholders, develops and promotes improved standards of practice, mobilizes knowledge, strengthens partnerships and alliances, and creates opportunities for cross-organizational learning. Event will offer a platform for attendees to connect, engage and learn from each other about the challenges and opportunities they face in supporting Savings Groups – including Village Savings and Loans Associations, self-help groups, indigenous savings groups, and other forms of community-based microfinance – worldwide.
We hope you find it useful in your work!
With best regards,
The RFILC editorial team
- Harvard Bussiness School – Accion Program on Strategic Leadership in Inclusive Finance
- Institutional Strengthening of Savings and Credit Cooperatives (SACCOs)
- Making Microfinance Work : Managing Product Diversification
- Widening Microfinance & Financial Inclusion for the Missing Middle: Small & Medium Enterprises (SMEs)
- Climate and Sustainable Energy Finance Summer Academy
- The 4th Edition of the Boulder Rural and Agricultural Finance Program
- Understanding the Impact of Savings Groups
- ENSO Index-Based Insurance for Agricultural Protection in Southern Peru
- The Road to Launching “Bundled Microinsurance” in Fiji: Key Lessons
- Digital Financial Services and Risk Management
- How to Succeed in Your Digital Journey: A Series of Toolkits for Financial Service Providers
- Business Model Sustainability – Promising Pathways and Opportunities for Research: Understanding Profitability in Smallholder Finance
- Unlocking smallholder credit: Does Credit-Linked Agricultural Insurance Work?