UNCDF: Supporting Financial Innovations in Guinea-Bissau to Improve Financial Inclusion

UNCDF: Supporting Financial Innovations in Guinea-Bissau to Improve Financial Inclusion

Deadline: 29-Jul-21

UNCDF is requesting for proposals for “Supporting Financial Innovations in Guinea-Bissau to Improve Financial Inclusion” to facilitate access to public and private capital for the poorest populations in the world’s 46 least developed countries.

3-year Pilot Grant-making Program to assist Small and New NGOs. Deadline to apply: 15 August 2021

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One-time Microgrant for NGO Projects that generate Social Impact. Deadline to apply: 30 June 2021

$15,000-$25,000 Funding for Women and Children living in Extreme Poverty. Deadline to apply: 31 July 2021

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To participate in empowering marginalized populations in Guinea-Bissau and reducing poverty, UNCDF launches this call for projects to identify two partners capable of improving financial inclusion in the country.

These two partners will aim to offer innovative financial services to improve equitable access to the financial system for the most vulnerable groups; SMEs, women and youth. These products must be tailored to the needs of the target customers and be accessible to as many products as possible.

Financing Models

3-year Pilot Grant-making Program to assist Small and New NGOs. Deadline to apply: 15 August 2021

An Opportunity for NGOs engaged in eradicating Child Labour, Forced Labour, and Human Trafficking. Deadline to apply: 15 August 2021

Grants for Researchers working in the Arts, Humanities, or Social Sciences + Fully-funded to the US. Deadline to apply: 1 October 2021

Open Call for Young Leaders advancing SRHR. Deadline to apply: 15 July 2021

Human Rights Initiative for supporting Women ($20,000 Grants). Deadline to apply: 1 September 2021

Top Dutch Donors that fund internationally to improve livelihoods in communities

One-time Microgrant for NGO Projects that generate Social Impact. Deadline to apply: 30 June 2021

$15,000-$25,000 Funding for Women and Children living in Extreme Poverty. Deadline to apply: 31 July 2021

Seed Grant for Grassroots Organizations and Women-led Initiatives. Deadline to apply: 31 July 2021

Grants to support NGOs working to end the HIV Epidemic. Deadline to apply: 30 June 2021

Fellows will receive Project and Connect Fund to address Water-related Issues

Apply for Project Funding in areas of Art and Culture (Arab Region)

This Call is offering Seed Money to Research Projects in Africa

Global Humanitarian Initiative seeks applications from anywhere in the world

Unrestricted Grants for improving Health Equity and reducing Health Disparities among Vulnerable Communities

UNCDF is based on three financing models:

inclusive digital economies, which link individuals, families and small businesses to financial ecosystems that catalyze participation in the local economy and provide tools to overcome poverty and manage financial lives;
financing for local development, which allows municipalities to drive local economic expansion and sustainable development through fiscal decentralization, innovative municipal financing and structured project financing; and
investment finance, which provides catalytic financial structuring, risk reduction and investment deployment to foster the impact of the Sustainable Development Goals (SDGs) and resource mobilization at the national level.
Axis

For Axis 1, UNCDF intends to support a financial services provider (PSF) already well established in the country to develop a new digital product adapted (account, savings, credit) to the needs of marginalized populations. This product must be affordable and accessible to young people, women and entrepreneurs.
For Axis 2, UNCDF intends to support Fintech in the expansion of one of its innovative and high-impact digital solutions throughout the country. This solution must already be available and offer opportunities for economic empowerment for a large part of the population, in particular women, young people and SMEs.
Funding Information

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UNCDF contributions can range from USD 75,000 (for Axis 2) to USD 150,000 (for Axis 1), depending on the level of investment readiness and expansion potential of the proposed solution.
Eligibility Criteria

The financial service provider (Axis 1) must already be established in the country and have 3 years of experience, if possible, with the same objectives as the project.
Fintech (Axis 2) must have 3 years of experience and have a solution that can be quickly expanded in Guinea-Bissau. Service providers established outside the country may apply if they demonstrate a willingness and an established plan of their ability to quickly establish themselves in Guinea-Bissau and a knowledge of the context.
For more information, visit https://bit.ly/3yGnGOQ