These briefs serve as a reference point for development practitioners interested in leveraging blended finance approaches in project design and delivery and improving the quality of engagement with the private sector. They include a primer that provides a targeted, high-level overview of blended finance mechanisms to contextualize the sector-specific technical briefs. The briefs also articulate…
From to March 2015 to February 2021, the E-PESO Activity worked to help accelerate the transition of the Philippine economy from cash/checks to digital payments. This report discuss the rapid, widespread adoption of e-payments in the country and how it was achieved through partnering with the Government of the Philippines and the private sector. This…
Dany Khy is a senior international development professional with more than 16 years of experience leading programs in economic development with a focus on entrepreneurship, finance, and forging innovative public-private partnerships in the world’s largest emerging markets. She is currently serving as a director for Chemonics’ Private Sector Engagement Practice. Prior to Chemonics, Dany led…
Emerging economies such as Colombia, Philippines, and South Africa offer sophisticated financial sectors that historically failed to reach marginalized groups. In Colombia specifically, this left rural areas largely unbanked and excluded from the broader economy, after decades of war. In four years, USAID/Colombia’s Rural Finance Initiative (RFI) — implemented by Chemonics — has linked more…
The ACCELERE!1 (A!1) project improved educational outcomes for girls and boys through enhanced teaching in national languages and French, reduced barriers to education, and increased transparency of school governance structures. This was accomplished by A!1’s income-generating activities and community savings groups approach, which helped parents secure a more affordable education for their children.
Access to financial services enables rural households to build financial security, start enterprises, and insure against risks. This access, in turn, generates secondary benefits, improving resilience, health, nutrition, and broad-based economic growth. In 2015, USAID launched the Rural Finance Initiative (RFI), implemented by Chemonics International, to provide technical assistance to financial institutions in Colombia so that they could identify profitable opportunities…
Estefania McPhaul is an economic growth and trade specialist with more than ten years of progressive experience managing complex economic growth projects for the United States Agency for International Development (USAID), the World Bank, and the International Development Bank. Estefania currently serves as global practice lead of Chemonics’ Economic Growth and Trade (EGT) practice where…
How can we forge better partnerships to drive agricultural productivity, incomes, and nutrition? How can we use data to empower people and foster resilience? What are the best ways to engage the private sector to make financial services inclusive? Chemonics will discuss these questions and more at the 2019 Small Enterprise Education and Promotion (SEEP)…
Globally, new momentum is building for the private sector’s participation in alleviating migration crises worldwide and supporting migrants’ and refugees’ integration. From investing in migrant-owned businesses to engaging a migrant workforce or securing resources for optimal basic service delivery for migrants and host communities, private sector engagement offers unique avenues for helping to solve migration…