Region: South Asia
Value: USD 59.941K
Start Date: 2014-05-05
End Date: 2014-08-05
The Financial Inclusion Programme (FIP), funded by the Department for International Development (DFID), United Kingdom, was implemented through the State Bank of Pakistan (SBP). FIP funds (£50m) were allocated across five components: Micro Credit Guarantee Fund (MCGF), Institutional Strengthening Fund (ISF), Credit Guarantee Scheme (CGS), Financial Innovation Challenge Fund (FICF), and Technical Assistance (TA). FIP worked closely with all major commercial banks, microfinance institutions, telecom operators and state agencies such as Securities and Exchange Commission of Pakistan, Punjab Pensions Fund, Employees Old Age Benefits Institution and National Database and Registration Authority.
The APEX Consulting Pakistan was hired to conduct “Development Impact Study of FIP. The services provided by the firms included the development of impact assessment framework, research tools, in-depth interviews with direct and indirect beneficiary institutions, a survey with BB users, data analysis, and impact assessment report.