This component strengthens the capacity of Financial Service Providers (FSPs) to deliver services to rural areas, and builds the capacity of the target groups to use those services.
Subcomponent 1.1 - Innovative Products and Delivery Mechanisms for Inclusive Rural Outreach. Implemented through a demand-driven Innovation and Outreach Facility (IOF) providing matching grants. The IOF operates through three windows: financial inclusion of unserved and underserved areas; agricultural innovations; and green and climate-resilience investments.
Subcomponent 1.2 - Increased Access to Affordable Finance for Agriculture and Green Investment. Implemented through a Blended Finance Facility (BFF) that mobilises private capital and reduces the cost of finance for end borrowers.
Component 1
Improved Availability & Uptake of Sustainable Client-Centric Rural Financial Services
Strengthens FSP capacity to expand into underserved rural areas and deliver financial solutions to smallholder farmers, women, youth, and rural MSMEs.