The United Nations Capital Development Fund makes


work for the poor in the 47 least developed countries

UNCDF offers


that unlock public and private finance

UNCDF supports

Financial Inclusion

to expand opportunities for individuals, households and small businesses

UNCDF supports

Local Government Finance

to contribute to a sustainable and equitable local development


The UN Capital Development Fund makes public and private finance work for the poor in the world’s 47 least developed countries (LDCs).

With its capital mandate and instruments, UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.

UNCDF’s financing models work through two channels: financial inclusion that expands the opportunities for individuals, households, and small businesses to participate in the local economy, providing them with the tools they need to climb out of poverty and manage their financial lives; and localized investments that show how fiscal decentralization, innovative municipal finance, and structured project finance can drive public and private funding that underpins local economic expansion and sustainable development.

UNCDF and the SDGs

By strengthening how finance works for poor people at the household, small enterprise, and local infrastructure levels, UNCDF contributes to SDG 1 on eradicating poverty and SDG 17 on the means of implementation. By identifying those market segments where innovative financing models can have transformational impact in helping to reach the last mile and address exclusion and inequalities of access, UNCDF contributes to a number of different SDGs.

UNCDF by the Numbers (2017)


People using
digital payments

+$6 B

Increase in
Financial Service
Providers deposits


Local infrastructure
projects completed


Local Governments


financial clients reached
by UNCDF supported products.
53% were women


New financial products
piloted leveraging
$445m in client savings


Change in the
Local Fiscal Space


of targeted Local Governments integrated
​resilience in 13 countries

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