How did one USAID initiative get banks on board to provide $1 billion in services in rural Colombia? How can we do that elsewhere? It takes a systemic, business-driven approach to connect supply with demand at scale.
Blog Post
Through five working principles, USAID’s Rural Finance Initiative served as central change agents by providing highly customized advisory services, mixing expertise from the Colombian financial sector and the development community. This reached more than 750,000 rural clients and mobilize $999 million in financial services.
Resource - Technical Brief
Less than 5 percent of payments in emerging economies are digital. In this post, Lauren Redfield shows how tactics to boost the use of digital financial services in the Philippines could be applied elsewhere.
Blog Post
Banks and microfinance institutions have long struggled to reach rural clients with traditional methods. Heather Joffe Reyes explores an approach that blends agricultural value chain financing with digital services to ensure rural communities in Colombia can access the financial services that they need.
Blog Post
Following decades of armed conflict, providing rural Colombians with financial services is essential to building an inclusive economy and promoting stability.
Project Page