22 Oct 2024
e-MFP continues to grow and we are very excited to welcome 4 new institutional members - Barrier-Free Finance Initiative, Juakali, The Microfinance Council of the Philippines, Inc. & Pro Mujer.
Thank you so much for having joined e-MFP! We are looking forward to working with you and leveraging your background and expertise in our activities together with all our members, as we continue to grow and support financial inclusion worldwide.
Interested in being part of our vibrant community and work with our members? Don't hesitate to contact our colleague Gabriela: gerice@e-mfp.eu
Recently launched by a group of specialists in disability and financial inclusion, the Barrier-Free Finance Initiative (BFFI) is a Luxembourg-based non-profit organization dedicated to advancing the economic inclusion of people with disabilities (PWDs) through equitable access to financial services. BFFI aims to dismantle the barriers PWDs face in accessing responsible financial services by adopting an ecosystem approach. This approach engages key actors from both the disability and financial inclusion sectors to develop best-practice methodologies and replicable solutions across different markets.
BFFI’s strategy is built around three core pillars: education and advocacy, research and analysis, and technical assistance to implement accessibility solutions. Within this scope BFFI partners with financial services providers and other inclusive finance actors to drive interventions. Using methodologies such as country assessments and a Disability Inclusion Scorecard, BFFI facilitates current state assessment, gap analysis and the development of disability inclusion strategies and plans at both market and organisational level, as well as providing support for their implementation.
BFFI is also launching a Community of Practice, offering content such as webinars, podcasts, articles, and online discussions to raise awareness and foster engagement within the inclusive finance community.
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Juakali is a French fintech company that provides technology solutions to help financial services providers (FSPs) in the Global South digitize and automate their key processes. Their mission is to empower microfinance institutions and banks in providing seamless, efficient, and accessible financial services to the underbanked populations through innovative digital solutions, thereby fostering financial inclusion and economic development.
Juakali deploys a cloud-based platform designed to digitize and automate essential business processes of FSPs, including lead management, loan origination, loan renewal and debt recovery. They use a trio of core technologies (a robust Digital Field Application (DFA) with a powerful process automation engine and a solid capacity to integrate with third-party systems) that allow FSPs to deliver their services efficiently, with enhanced capabilities for field agents and backend processes.
Through their services, they pursue three main objectives: enhancing financial inclusion with the right, adapted technology; optimizing productivity and access to data-driven decisions for most practitioners; supporting responsible finance and long-term positive impact.
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The Microfinance Council of the Philippines, Inc. (MCPI) is the national network of microfinance institutions in the Philippines. Established as an NGO in 1999, it currently comprises 64 microfinance institutions and support organizations working towards sustainable, innovative, and client-responsive solutions to poverty in the Philippines. It has a total combined outreach of 11 million clients and a loan portfolio of PHP90 billion in 5,000 branches in the country, with its members covering over 80% of the national microfinance market.
MCPI serves as the voice of the microfinance community in the Philippines and advocates for an environment that is conducive to the growth and development of a client-centered and sustainable microfinance sector. They support their members in many different areas to help them develop relevant and appropriate products and services to serve poor households. Finally, they facilitate the availability of industry information as well as promote best practices and innovations through benchmark data and industry reports as well as knowledge sharing and networking events.
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Pro Mujer is a social enterprise that for over 34 years has provided services and tools to women in Latin America so they can reach their full potential, improve their living conditions, and transform them into agents of change for their communities. It operates through a holistic and integrated model that seeks to expand the access of women in the region to health services, increase their financial inclusion, and provide them with training opportunities. Through a deep understanding of the most pressing needs faced by women in Latin America, Pro Mujer designs innovative programs that seek to address issues such as gender-based violence and the digital gender gap. Pro Mujer has positively impacted the lives of more than 2 million women, conducted over 10 million preventative healthcare screenings, and disbursed over USD 4.4 billion in loans.
Pro Mujer is a pioneer in the region in promoting and raising awareness about Gender Lens Investing as an effective mechanism to close gaps and boost company productivity. Finally, Pro Mujer consulting area, the Gender Knowledge Lab, works with private, public, and civil society organizations to support the integration of a gender perspective across their work, teams, policies, strategies, and products.