In this video interview, Yengi Lokule of Rural Finance Initiative, winner of the European Microfinance Award 2024, highlights the challenges of delivering inclusive, sustainable support across borders, and reflects on the positive impact these efforts have had on displaced communities.
 

Refugees face multiple barriers in gaining access to finance. The financial diaries of refugees are helping to debunk misconceptions about this underserved population.

U.S. Community Development Financial Institutions provide an important Refugee Lens Investing opportunity for impact investors.

These eight briefing notes supporting the financial inclusion of refugee and migrant populations are the result of the cross-cutting learnings from the FISONG 2021.

This compendium is designed to be a valuable resource for global humanitarian actors who are working in Market Systems Development (MSD) programs already or who are planning to apply the MSD approach in humanitarian settings in the future.

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.

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.

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.

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.

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).