FinMark Trust is based in Johannesburg, South Africa and was set up in 2002. It is an independent trust, with core funding from the UK Department for International Development (DFID). FinMark Trust has a mission of “Making Financial Markets Work for the Poor”, by promoting and supporting policy and institutional development, thereby increasing access to financial services by the un- and under-banked in Africa.
Financial Sector Deepening Trust, Tanzania
The Financial Sector Deepening Trust, Tanzania (FSDT) was established by five government donors: the UK Department for International Development (DFID); the Canadian International Development Agency (CIDA); the Swedish International Development Agency (SIDA); the Danish International Development Agency (DANIDA); and the Embassy of the Kingdom of the Netherlands in Dar es Salaam, Tanzania. The overall aim of the Trust is to provide greater access for more people to engage with the financial system throughout Tanzania. FSDT supports three pillars of financial sector development:
- Expanding the scale and viability of financial institutions and related transactions
- Financial sector infrastructure, especially the crucial task of capacity-building
- The policy, legal and regulatory framework
Financial Sector Deepening Trust, Kenya
Financial Sector Deepening Trust, Kenya (FSD Kenya) programme was established in 2005 to support the development of financial markets in Kenya as a means to stimulate wealth creation and reduce poverty. Working in partnership with the financial services industry, the programme’s goal is to expand access to financial services among lower income households and smaller enterprises. FSD Kenya operates as an independent trust, and is currently funded by the UK Department for International Development (DFID); the Swedish International Development Agency (SIDA); the World Bank, Government of Kenya; the Bill & Melinda Gates Foundation; and Agence Francaise de Developpement.
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