Fund for Rural Prosperity

The MasterCard Foundation Fund for Rural Prosperity is a USD 50 million challenge fund that offers matching grants to private sector FSPs and enablers seeking to develop and scale-up solutions for financial inclusion of smallholders, and other poor rural clients.

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Community: Part 1 of ISF's and RAF Learning Lab's Pulse series shares insights and trends on customer centric approaches in the rural and smallholder finance sector.
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Media: On February 28 and March 1 the RAF Learning Lab team – in collaboration with Dalberg – hosted a webinar summarizing insights from our second Learning Brief, Better together: Last mile partnerships for smallholder finance.
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Analysis: The second in the Lab's Learning Brief series, "Better together: Last mile business partnerships for smallholder finance,"* offers baseline insights for building or enabling businesses partnerships to better serve smallholders. These are early findings from an ongoing study of four value chain/technology players looking to partner with financial institutions.
Analysis: Smallholder asset lender Juhudi Kilimo used a cloud-based management information system to improve its operational efficiency. Then it tested a new SMS reminder initiative, which proved promising in pilot but faced challenges during rollout. Elvin Walela tells this chapter in the story of Juhudi's digital journey.
Tool: Speaker presentations posted from the Learning Lab's October 2016 partner gathering where financial service providers and other practitioners shared experiences and research on digitally-enabled finance and customer centricity.
Spotlight:

M-KOPA, a winner of the 2015 FRP Scaling Competition, has taken a leadership role in Solar Home System financing. Read more to learn how M-KOPA is expanding its business model to address rural farmers’ needs through innovative financing options.

Analysis: The Learning Lab analyzes applications from the first Scaling Competition of The MasterCard Foundation Fund for Rural Prosperity. Findings confirm key trends from the first Innovation Challenge and identify new trends around bundled service offerings and digital solutions.
Bookkeeping with solar lantern
Analysis: The Learning Lab analyzes the applications from the first innovation competition of The MasterCard Foundation Fund for Rural Prosperity. The innovation landscape that emerges is promising.

Fund for Rural Prosperity

The MasterCard Foundation Fund for Rural Prosperity is a USD 50 million challenge fund that offers matching grants to private sector FSPs and enablers seeking to develop and scale-up solutions for financial inclusion of smallholders, and other poor rural clients.