ADA to Promote Financial Inclusion in Niger via Improved Product Design, Supervision, Funding Framework

Appui au Développement Autonome (ADA), an NGO based in Luxembourg that supports microfinance institutions (MFIs) in low- and middle-income countries, recently entered into a contract with Luxembourg’s Directorate of Development Cooperation and Humanitarian Affairs with the goal of creating jobs and otherwise reducing poverty in Niger by increasing access to financial services. With a budget of EUR 15 million (USD 16 million) through 2026, ADA will carry out the program in partnership with LuxDev, an agency of Luxembourg’s government dedicated to promoting international development. The effort is part of a larger LuxDev effort in Niger that has a total budget of EUR 145 million (USD 156 million).

In particular, ADA will render technical assistance in regards to: (1) restructuring troubled MFIs and strengthening those that have been more successful; (2) improving the government’s supervisory capacity; (3) aiding the government in implementing a new funding facility for the sector; (4) helping MFIs design loan products specific to various needs – such as those of women, youth and agricultural firms – as well as loans with specific purposes – such as housing and potable water; and (5) helping MFIs develop non-credit services, including digital microinsurance and online marketplaces.

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