Broadening access to financial systems including financial institution training, economic literacy, microfinance, savings and savings mobilization, and cash transfers.
Funding Conflict Regions
Overall, funders acknowledged that funding in conflict and post-conflict settings is inherently risky. Funders must be willing to assume some degree of risk when engaging in these settings.
From the Report: The Good, the Bad, and the Ugly: The Role of Funders in Conflict
- Citi Foundation gave to FINCA International for Village Banking in DR Congo Project to serve economically disadvantage women through financial services and economic development.
- The African Women's Development Fund gave to Une Femme Qui En Souleve Une Autre to give 60 women micro-credit in the form of goats; to train them on micro-credit management; and to sensitize community members on women's rights issues.
- The Bill & Melinda Gates Foundation gave to Send a Cow Rwanda to empower women to make financial and domestic decisions by educating men and women on gender barriers and social behavior issues in order to stimulate the use of available energy-saving stoves for cooking.
- TrustAfrica gave to Centre Universitaire de Recherche pour le Developpement Economique et Social for research on: An Analysis of the Contribution of Microfinance Institutions to SME Finance and the Empowerment of Women in Burundi.
More than half of the adult population in Burundi lives more than 8 km from a formal financial service access point.
Understanding money and its management is recognised as a route to self-sufficiency for girls and their households, and is particularly important for reducing dependency on men.
From the Report: Adolescent Girls Economic Opportunities Study in Rwanda