Calls for Applications

RFA : Increase access and usage of innovative financial services in Ashanti and Western regions of Ghana

  • February 28, 2022

  • Calls for Applications

Summary

Under this RFA UNCDF will select successful candidates in the development or expansion of innovative use-cases, products or business models to facilitate access and usage of financial services targeting youth, women, MSMEs and diaspora groups and help them in the post-COVID-19 recovery in the Ashanti and Western regions of Ghana.

Solutions should address one of the two following pillars:

PILLAR 1. Driving diaspora investments: UNCDF is open to proposals from applicants to provide innovative, scalable and commercially viable financial services and products that enable diaspora groups to channel their financial flows at the benefit of local economies in Western and Ashanti regions.

PILLAR 2. Innovative lending solutions: UNCDF is open to proposals from applicants to provide innovative, scalable and commercially viable financial services and products that enable the entrepreneurs and/or MSMEs in Ashanti and Western regions to access financing.

Successful applications will receive:

  • Up to USD 200,000 in a mix of co-funding and technical assistance, depending on the maturity of the solution proposed and KPIs
  • Connection with key stakeholders

***EXTENDED DEADLINE!***


Candidates must submit their application no later than 23:59 GMT+0 on 14 March 2022. However, please visit UNCDF e-investment platform to verify if this date has not been extended.

CLICK HERE TO APPLY

If you missed the information session on Feb 10, at 10 am GMT+0, click here to access the recording.

About the GrEEn Project

UNCDF is bringing its expertise in promoting financial inclusion and inclusive economies to support job creation under the “Boosting Green Employment and Enterprise Opportunities in Ghana (GrEEn)” Programme funded by the European Union Trust Fund for Africa (EUTF). This programme will contribute to addressing the root causes of irregular migration through green and climate-resilient local economic development and improving prospects of beneficiaries, by creating employment and enterprise opportunities in selected sectors and regions, specifically Ashanti and Western regions. The action aims at supporting job creation in regions of departure, transit and return of Ghana, creating local financial ecosystems that facilitate the development of Micro, Small and Medium Enterprises (MSMEs) and enabling the transition of local economies to green and climate-resilient development.

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