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Dear RFILC members,
In this edition of our newsletter, we would like to begin by presenting a study that focuses on the link between financial inclusion and more equitable access to water. For many low-income households in the developing world, incomes are highly variable and uncertain. This poses a multitude of challenges for these households and is often a significant barrier to accessing clean drinking water and safe and convenient sanitary facilities. In rural areas, incomes often vary even more because of the seasonality of agricultural markets, making it difficult for farmers to invest in irrigation for their fields. Therefore, our first highlight is a recent World Bank publication: “Fintech for the Water Sector”, which explores how financial technology (fintech) can support expansion of market-based solutions for water, sanitation, and irrigation, identifying several use cases where fintech is already being used to address financial inclusion and access to water. In addition, the study also examines how fintech can help water utilities serve low-income customers more effectively and assist small-scale service providers in growing their businesses.
Our second highlight is a brief from the Consultative Group to Assist the Poor (CGAP), titled: “High-Saving Youth in Smallholder Households: An Untapped Market”. It is evident that digital financial services are becoming increasingly popular in rural areas of developing countries. However, the authors of the paper argue that efforts to promote mobile banking have failed to adequately reach younger individuals in smallholder families, who often have more savings than their more mature counterparts do. Instead of using mobile money, they rely on informal forms of savings, which can be risky and do not leave “financial footprints” that can unlock access to other financial tools.
The third highlight of this month is the European Microfinance Award 2019: “Strengthening Resilience to Climate Change”, which focuses on the crucial role of the financial inclusion sector in increasing the resilience of communities that are vulnerable to the effects of climate change. The Award seeks to highlight good practice and innovative interventions offering products and services capable of responding to clients’ vulnerability to climate change effectively and in a sustainable manner, thus driving economic, environmental and social benefits. The application timeline, details of eligibility, and more information about the award can be found in the Explanatory Note that is published in English, French, and Spanish.
Finally, we would like to inform you that the 5th Edition of the Boulder Rural and Agricultural Finance Program (RAFP) will take place in Turin, Italy, at the International Training Centre of the International Labour Organisation (ITCILO), from July 22 to August 2, 2019. This program, developed by CABFIN (a collaborative partnership that includes IFAD, FAO, GIZ, UNCDF, WFP and the World Bank), offers highly specialized capacity building on rural and agricultural finance to experienced practitioners and institutions. The rationale of the program is to create a forum for participants to deeply reflect on their specific challenges, and share ideas and strategies on how to face the agricultural finance sector’s pressing issues, using new tools and a fresh perspective. The two week-immersion program offers a range of 14 elective courses to choose from, for a total 70 academic course hours. The programme will be delivered by the Boulder Faculty, a diverse group of internationally-recognized agrifinance experts, whose coursework will encompass a broad range of topics and viewpoints related to rural and agricultural finance.
With best regards,
The RFILC editorial team


- Savings Groups Digitization and Financial Linkages
- The 5th Edition of the Boulder Rural and Agricultural Finance Program
- Advanced Program on Financial Inclusion, Social Performance and Data Analysis
- Executive Microfinance & Financial Inclusion Summer 2019 Masterclass
- High Impact Leadership Program on Inclusive Finance

- Fintech for the Water Sector : Advancing Financial Inclusion for More Equitable Access to Water
- The Mobile Economy 2019
- Conference Report: European Microfinance Week 2018
- Microfinance and Household Welfare : Cambodia Policy Note
- Understanding DFIs’ Private Sector Engagement in African Fragile and Conflict-Affected Situations
- Mobilising Finance for WASH: Getting the Foundation Right
- Do agent networks help to boost savings? – Effects on institutional deposit mobilization and customer saving behavior
- Credit to Merchants: Tienda Pago’s Digital Solution for Fast-Moving Consumer Goods
- Agency Banking in Uganda: A New Channel to Increase Financial Inclusion

- Official Launch Event of joint PARM/IFAD, FAO and NEPAD series of e-learning courses to bridge the knowledge gap on agricultural risk management
- GGF Partners With Mikrofin to Boost Energy Efficiency in Households and Microenterprises in Bosnia and Herzegovina
- Development Bank of Austria Increases Commitment to Public-Private Climate Partnership
- IFC and Insular Life Launch Program for Greater Financial Inclusion and Security for Filipino Women
- European Microfinance Award 2019