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Stay up to date with Microfinance Pasifika events by subscribing to our newsletterRequest for Expressions of Interest – PFIP Support Facility
The Pacific Financial Inclusion Programme (PFIP) is a joint programme of the United Nations Capital Development Fund (UNCDF), United Nations Development Programme (UNDP), and the European Union/Africa, Caribbean and Pacific Microfinance Framework Programme (EU/ACP). The mission of the PFIP is to increase the number of low income and rural households, micro and small enterprises in Pacific Island Countries (PICs) that have on-going access to quality and affordable financial services. The outcome of the programme is for 250,000 new clients in the target market segment to have new and/or improved access to appropriate, sustainable financial services including, but not limited to savings, money transfers, insurance and loans. The PFIP has several instruments to achieve its outcome, including (1) generating knowledge of the demand for and supply of financial services through research; (2) sharing knowledge through workshops and conferences; (3) providing direct expert advice or making expert consulting services available to stakeholders; (4) advocating the removal of constraints to financial inclusion and (5) providing financial support to partners that can help PFIP achieve this outcome.
The purpose of the PFIP Support Facility is to provide direct financial support to eligible organization that can help the PFIP achieve its outcome. PFIP intends to use its Support Facility to prove the feasibility of new products, delivery mechanisms and models, as well as catalyze the mobilization of funds from other sources. It is not designed to provide long-term equity, debt or subsidies to establish or significantly expand FSPs. While the knowledge creation and capacity development services of PFIP will benefit all PICs, the list of countries eligible for the Support Facility may be restricted- depending on availability of resources and market demand for each individual Expression of Interest.
Further Information is avaliable here.