The Microinsurance Challenge Fund (MCF) is Financial Sector Deepening Uganda (FSDU)’s new innovation facility aimed at increasing the availability and usage of appropriate insurance solutions by people in Uganda in the underserved and unserved market segments. The MCF is a response to a market failure arising from a mismatch between demand and supply of inclusive insurance services which largely accounts for the low insurance penetration in Uganda.
Uganda’s National Financial Inclusion Strategy (NFIS 2017-2022), recognizes the weak insurance uptake among Ugandan’s and objective 4 of this national strategy aims to increase the uptake of insurance among Ugandans. The MCF aims to contribute to national initiatives aimed at improving insurance uptake.
How to Apply:
A detailed RFP & application form is available for download from the MCF Announcement page. Applications are to be sent to [email protected] with the subject "Application for the Microinsurance Challenge Fund (MCF)".
Any queries or questions about the process can be made by an email request at [email protected] with "Inquiry on Microinsurance Challenge Fund" in the subject line.
The deadline for applications will be midnight on 5 February 2019.