Updated Oct 14, 2020CLOSED

RFA: Enabling interoperability for low-income people in Myanmar

Offered by UN Capital Development Fund

As a next step for the existing pilot, the project aims to build a production grade Mojaloop integration platform aimed to provide real-time affordable digital financial services (DFS) for the people living at the bottom of the pyramid in Myanmar. This will be done through expanding the range of digital financial services that MFIs can offer to their current and future clients (mostly low-income women and the rural population). The current project is attempting to respond to the ongoing COVID-19 health and economic crisis by enabling different types of digital payments for low-income people, leveraging the MFIs, starting with electronic cash transfer (e-CTs) initiatives.

This project will support MFIs based in Myanmar to integrate with the country’s National Payment System. The scope of project and its impact to beneficiaries is nation-wide.

UNCDF will provide a grant to the most suitable organization to support the implementation of a real-time payment platform for MFIs and other types of digital financial services providers (DFSPs) in order to enable payments.
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GrantType
CLOSEDOct 19, 2020Deadline
Up to $1,420,000Amount
18 Months Duration(Months)

Mandatory Requirements

Implemented In:
RegionN/A
CountryMyanmar
Focus AreasDigital Finance

Entity registration

  • • The applicant/lead applicant must be a registered entity developing payment integration platform/solutions or digital integration for financial service providers with experience in Mojaloop development.

Country of operation

  • • Applicants must be a registered entity, either incorporated in Myanmar or abroad. Consortiums (when applicable)
  • • Applicants may apply only once under this RFA, whether independently or in a consortium.
  • • Joint applications between market players in the target country or countries are encouraged if the solution proposed will expand delivery networks and promote rural and/or other last-mile access to beneficiaries.
  • • Applications from consortiums of organizations must show that the partnership was established prior to this call for applications.
  • • The lead applicant and partner must be registered entities with at least 3 years of operations and must have statutory accounts and audited financial statements for at least 3 operating years.

Solutions to be supported

  • • Applicants must demonstrate at least 2 years of proven experience developing production grade Mojaloop platforms.
  • • Applicants must have an existing solution that has been tested in more than one developing country, with a preference in Myanmar or South East Asia.


Other Requirements

Target Beneficiaries

The primary segment of the project are low-income women, beneficiaries or potential beneficiaries of electronic cash transfers through the governmental national Maternal-Child Cash Transfer programme, and COVID-19 response.

The secondary segment are current and future clients of MFIs, predominantly low-income, and rural.


REQUIRED
Financial StatementsSelected applicants will be expected to fund at least twenty percent (20%) of the total project cost in-kind or cash contribution. Applicants may apply independently or in a consortium provided that the consortium has a pre-established partnership prior to when this request for applications was issued.REQUIRED

Application Directions

All applications must be submitted by 19 October 2020, 23:59 EST time to uncdf.rfa@uncdf.org with subject line: “Enabling interoperability for low-income people in Myanmar: Building a production grade Mojaloop Integration Platform to facilitate a COVID-19 response”.

ATTACHMENTS

01102020-ANNEX-I-Submission-Letter.docx
05102020-Annex-II-Technical-Proposal.docx
05102020-RFA-Myanmar.pdf
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