Technology and Innovation for Financial Inclusion (TIFI)
Cooperative Development Organisation
Implementing Partners and Organisations
Period of Implementation
Geographic scope
Africa: Burkina Faso, Kenya, Senegal
Americas: Guatemala
Budget
Donor(s)
Bilateral Aid: USAID
Sector(s)
Type of Activity
Summary
The TIFI program will increase lending to SMEs by deploying the World Council of Credit Unions' (WOCCU) SME Lending Toolkit with key regional partners in Burkina Faso, Guatemala, Kenya, and Senegal. These regional/national organizations represent and provide technical support to multi-million-member networks of CUs. Using the WOCCU SME Lending Toolkit as a guide, TIFI will strengthen the knowledge, capabilities and governance of CUs to deliver SME loans by first building capacity at the national association (NA) level, then supporting the NAs as they scale the method to their member CUs. Every WOCCU activity ingrains digital innovation in every step so it has been built into TIFI's DNA from the start. The result will be a globally shareable set of SME lending tools with a holistic digitally driven feedback loop in place with expansion.
Project Objectives
- Improved cooperative business performance;
- Improved cooperative enabling environments; and
- Enhanced development community support to cooperatives.
Impact on SDGs
Main Indicators
Impact Measurement
Direct beneficiaries
Organisations: 60
Individuals: 1451509