ILO Supports Kulehe Project to Boost Youth Entrepreneurship and Financial Inclusion
The Kulehe project, launched in Addis Ababa, supports 120 youth from refugee and host communities with entrepreneurship training, financial inclusion, and business linkages, promoting decent employment through the ILO Youth-to-Youth Fund.
TNG Digital Teams up With UNHCR to Enhance Financial Inclusion for Refugees
The move, in collaboration with UNHCR, underscores TNG Digital’s commitment to integrating vulnerable communities into the formal financial system, ensuring greater economic participation and security.
Connecting Venezuelan Migrants With the Financial System in Colombia
The Banca de las Oportunidades project, “El Parche Financiero” (“the Financial Patch”), aims to promote financial inclusion for the 100,000 Venezuelan migrants in the country.
Breaking Down Silos to Advance Financial Inclusion of Forcibly Displaced People
Coordinated efforts are needed to move from emergency response to long-term inclusion. The Community of Practice on the Financial Inclusion of Forcibly Displaced People aims to help make this happen.
Rural Finance Initiative Limited (RUFI) Wins the 2024 European Microfinance Award for Empowering Refugees Through Financial Inclusion
RUFI has received the prestigious EUR 100 000 European Microfinance Award 2024 in recognition of its transformative efforts to enhance financial inclusion for refugees and forcibly displaced persons (FDPs).
Advancing Inclusive Financial Integrity for Forcibly Displaced Persons
This policy brief highlights key strategies for advancing financial inclusion for forcibly displaced persons (FDPs), addressing the unique barriers they face in accessing formal financial services.
Advancing Financial Inclusion for Refugees & Forcibly Displaced People: Insights From the European Microfinance Award 2024
This paper aims to answer the questions: what is displacement and its drivers? How is displacement related to financial exclusion? What challenges do FDPs face, and what do providers face in seeking to serve them? And what are FDPs’ financial and non-financial needs depending on their phase of displacement?
IFC and Equity Bank of Kenya Partner in Landmark Facility to Support Financial Inclusion for Refugees
The $20 million facility will boost financial inclusion for individuals and small businesses in Kenya’s most underserved regions that serve as a home to hundreds of thousands of forcibly displaced people from countries across Africa.
Getting Financial Service Providers “Refugee-Ready”: Four Lessons From Uganda
A five-year blended finance program centered on market-conducive incentives shows that loan portfolio guarantees are not necessary for serving refugees.
Al Majmoua (Lebanon), FATEN (OPT), and RUFI (Uganda) Announced as Finalists for EMA2024 on "Advancing Financial Inclusion for Refugees & FDPs"
The finalists will go on to compete for the EUR 100,000 prize for having demonstrated what financial inclusion organizations can do to support refugees and forcibly displaced people (FDPs).