Jeff liew, pacific financial inclusion programme stakeholders' priorities and investment opportunities
Post on 22-May-2015
199 Views
Preview:
Transcript
STAKEHOLDERS’ PRIORITIES &
INVESTMENT OPPORTUNITIES
Jeff Liewjeff.liew@uncdf.org
1
2
MACRO LEVELEnabling environment for financial inclusion & empowerment of women Development framework & discourse recognizing cultural diversity, political economy & Pacific realitiesNarrow the policy divergence between funders requiring scale and MFIs pursuing long term institutional and client sustainabilityAppropriate & proportional regulatory regime Consumer protection & market conduct Sector wide collective responsibility & accountabilitySupportive regulatory regime for MFS – agents, e-moneyGender strategy for FI
3
MESO LEVELAppropriate data for strategy/policy design & performance measurementStrengthen research capacities & funding – impact of GBV, client demand, impact of MfMulti-sector platform for knowledge exchange (Pacific-Global)Capacity building & accessible training – Mf leadership & operations, rights, BDS etcCredit bureaus – positive reporting
4
MESO LEVELProduct marketing and facilitation servicesMf capacity building – change leadership
5
MICRO LEVELRange of socially responsible and supervised institutions catering to broad client baseProvision of client-friendly productsImprove service and efficiency including use of technologyStrong leadership & diversity (gender & cultural) – for change, innovation & effectivenessProvide women & mother friendly workplacesInvest in staff training
6
CLIENT LEVELUnderstanding the financial behaviour of women Catering to different segments and needs of womenRange of client-friendly products – based on rigorous client research & cultural contextCustomer care – relationship bankingAccess to effective client protection & rapid complaints managementPrevent indebtednessResponsive & cost-effective financial literacy and user education
7
CLIENT LEVELTailor MFS to women – convenience, reliability security and privacyTargeted marketing & awareness building and overcome psychological barriers to MFS
8
PFIP STRATEGY & OUTPUTS – 2008-2013
Better policies, regulation, and
coordinated actions
Scalable and replicable projects with lower cost
delivery channels
Better market information and
access to knowledge
Informed and competent consumers
500,000
9
PFIP COMPARATIVE ADVANTAGE: 2014-2017
Supportive Regulation & Policies
- National financial inclusion & financial education strategies
- Branchless banking – e-money trust, agent networks
- New products – microinsurance- Consumer protection & market
conduct
10
PFIP COMPARATIVE ADVANTAGE: 2014-2017
Catalyzing Innovation & Deepening Access- improve women’s access- viable agent business models- cost-effective remittance channels- sustainable credit (including agriculture,
micro leasing)- inclusive insurance business models and
products (community-based) - savings groups (beyond reach of MFS)
11
PFIP COMPARATIVE ADVANTAGE: 2014-2017
Demand-driven Knowledge Acquisition- demand/client research- product development- impact assessment- making data accessible to policy makers &
practitioners- information exchanges, leadership scholarships
Financial Competency Building - tailoring financial literacy to women- establish baseline & measuring impact- strategies for financial education curriculum in
schools- cost-effective financial literacy & user education 12
top related