Inclusive Innovation for Improved Access to Finance for MSME through Digital Financial Services

Location of Job: 
13 Jan 2020
27 Jan 2020
About the organization: 

UNCDF is the UN’s capital investment agency for the world’s least developed countries. It creates new opportunities for poor people and their communities by increasing access to microfinance and investment capital. UNCDF focuses on Africa and the poorest countries of Asia and the Pacific, with a special commitment to countries emerging from conflict or crisis. It provides seed capital – grants and loans – and technical support to help microfinance institutions reach more poor households and small businesses, and local governments finance the capital investments – water systems, feeder roads, schools, irrigation schemes – that will improve poor peoples’ lives.

About the Job: 

As part of UNCDF strategy ”Leaving no one behind in the digital era”, this RFA has the objective to identify at least two new partners like banks, digital financial service providers, IT companies or financial intermediaries who can support UNCDF achieve the following project objectives:

  • Digitization of Processes and Payments in agriculture value chains for increased efficiency, transparency, security, accountability and access to finance.
  • To unlock financing to MSMEs and smallholder farming families, particularly women in agriculture value chains.

In this context, to drive financial inclusion of smallholders and to drive efficiency of operations in value chain, UNCDF looks forward to solutions that can help:

  1. Digitize payments between different stakeholders.
  2. Transform farmer cooperatives to digital solutions-based processes such as automated milk ledger or core banking solution etc.

The focus value chain for both the solution is Dairy and Orthodox Tea.

The eligible products and services will include either one or a combination of the following:

  • Next-generation digital financial products to digitize payments in the agriculture value chains.
  • Digital solutions and finance for agriculture-led economic growth and improved nutrition across Nepal.
  • Process automation and digitization of financial cooperatives that may include automated ledgers, core banking solutions or accounting solutions that would transform manual processes at the cooperatives.
South Asia