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FinDev Blog

Connecting Venezuelan Migrants With the Financial System in Colombia

The Banca de las Oportunidades project, “El Parche Financiero” (“the Financial Patch”), aims to promote financial inclusion for the 100,000 Venezuelan migrants in the country.

FinDev Blog

Breaking Down Silos to Advance Financial Inclusion of Forcibly Displaced People

Coordinated efforts are needed to move from emergency response to long-term inclusion. The Community of Practice on the Financial Inclusion of Forcibly Displaced People aims to help make this happen.

News

Rural Finance Initiative Limited (RUFI) Wins the 2024 European Microfinance Award for Empowering Refugees Through Financial Inclusion

RUFI has received the prestigious EUR 100 000 European Microfinance Award 2024 in recognition of its transformative efforts to enhance financial inclusion for refugees and forcibly displaced persons (FDPs).

Paper

Advancing Financial Inclusion for Refugees & Forcibly Displaced People: Insights From the European Microfinance Award 2024

This paper aims to answer the questions: what is displacement and its drivers? How is displacement related to financial exclusion? What challenges do FDPs face, and what do providers face in seeking to serve them? And what are FDPs’ financial and non-financial needs depending on their phase of displacement?

News

IFC and Equity Bank of Kenya Partner in Landmark Facility to Support Financial Inclusion for Refugees

The $20 million facility will boost financial inclusion for individuals and small businesses in Kenya’s most underserved regions that serve as a home to hundreds of thousands of forcibly displaced people from countries across Africa.

FinDev Blog

Getting Financial Service Providers “Refugee-Ready”: Four Lessons From Uganda

A five-year blended finance program centered on market-conducive incentives shows that loan portfolio guarantees are not necessary for serving refugees.

News

Al Majmoua (Lebanon), FATEN (OPT), and RUFI (Uganda) Announced as Finalists for EMA2024 on "Advancing Financial Inclusion for Refugees & FDPs"

The finalists will go on to compete for the EUR 100,000 prize for having demonstrated what financial inclusion organizations can do to support refugees and forcibly displaced people (FDPs).

News

Panel Discusses Findings of WOCCU Study on Financial Inclusion for Migrants and Refugees

Published in June, the report looks at the role credit unions play in supporting migrants and refugees in four countries: Brazil, Ecuador, Poland and the United States.

Paper

Graduation Compendium: Building a Common Understanding of Graduation Programmes in the Uganda Refugee Response

This compendium is designed to inform the dialogue of humanitarian and development actors around the graduation concept applied in the refugee response in Uganda and provide an overview of ongoing projects.

News

10 U.S. Credit Union Peers Participate in Credit Union Immersion Journey Across Peru and Ecuador

Funded by USAID and implemented by WOCCU, the Economic Inclusion Program aims at providing economic opportunities and financial services to assist both Venezuelan migrants and refugees and their host communities.