Spotlight on International Funders’ Commitments to Financial Inclusion
Although international funders have been longstanding supporters of financial inclusion, their commitments have been put to the test in the past five years. The financial crisis led to a more challenging economic environment and budget cuts at publ...
Main Authors: | , , , |
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Format: | Brief |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2015
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2015/05/24447383/spotlight-international-funders’-commitments-financial-inclusion http://hdl.handle.net/10986/23499 |
Summary: | Although international funders have been
longstanding supporters of financial inclusion, their
commitments have been put to the test in the past five
years. The financial crisis led to a more challenging
economic environment and budget cuts at public donor
agencies. Results of impact studies made the expectations of
microfinance more realistic. Yet, international funding
continues to grow. In 2013, international funders committed
at least 31 billion dollars to support financial inclusion -
an estimated increase of 7 percent on average per year
between 2011 and 2013. This brief analyzes trends in the
international funding landscape based on consultative group
to assist the poor (CGAP) research. |
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