This report describes Savings at the Frontier (SatF), a partnership between Canadian NGO MasterCard Foundation and UK-based consultancy Oxford Policy Management, that provided USD 17.6 million in technical assistance and direct funding to establish relationships between formal financial service providers (FSPs) and informal savings mechanisms (ISMs). The program ran from 2015 to 2022, engaging 10 FSPs in
Tag: Savings at the Frontier
MICROFINANCE PAPER WRAP-UP: “Building Financial Resilience: How Financial Service Providers Can Help Low-income Customers to Manage Risk,” by Alexandra Sanchez et al, Published by Savings at the Frontier
The authors propose that financial services providers (FSPs) have opportunities to enhance the resilience of users of informal saving mechanisms (ISMs) by developing services that help ISMs manage risk. In this context, resilience is defined as