Donors in the field of financial inclusion include bilateral and multilateral agencies, development finance institutions, and philanthropic foundations. Many donors operate with public funding, making aid effectiveness and accountability particularly important.

Donors work to complement private sector funding to avoid duplicating efforts and crowding out private investment. As such, many donors aim to support demonstration projects or experimental initiatives that are deemed too risky for private investors. The goal is that private funding will replace donor funding of such initiatives when the concepts and business models for these initiatives prove effective. By supporting public goods, providing specialist expertise, and collaborating with those who have complementary strengths, donors play an important role in advancing financial inclusion.

A woman in front of the Treasury in Tonga. Credit Asian Development Bank, 2010