Updated Nov 19, 2020CLOSED

RFA: Innovations for driving Financial Inclusion and Digital Financial Services in Sepik region of Papua New Guinea

Offered by UN Capital Development Fund

UNCDF invites applications from registered entities in Papua New Guinea including, but not limited to, banks, financial intermediaries, microfinance institutions, insurance companies, pensions companies, telco, money transfer companies that have digital inclusive solutions that can attain these 3 objectives:

  • 1. Demonstrate to the market that the low-income segments can be active users of digital financial services (DFS) at scale, and therefore a commercially viable segment to serve.
  • 2. Demonstrate that DFS, when designed and delivered with a rigorous understanding of the Low-income segment in mind, can have an impact on customer lives, in terms of their ability to pursue opportunities, be resilient to shocks, and meet their aspirations.
  • 3. Demonstrate that they have a potential and /or ready-to-go solution(s) for the digitization of agri-value chains namely cocoa, vanilla and fisheries. Including solutions for deployment which will prepare the eco-system for digitization of value chains.

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GrantType
CLOSEDNov 23, 2020Deadline
$50,000 - $500,000Amount
3-18 MonthsDuration(Months)

Mandatory Requirements

Implemented In:
RegionN/A
CountryPapua New Guinea
Focus AreasAgriculture
Education
Economic Growth and Trade
Fisheries (Environment)

Entity registration

  • • Applicant(s) shall be duly incorporated and registered according to the rules of PapuaNew Guinea.
  • • Applicant(s) should be operating in PNG for at least 1 year;
  • • Applicant(s) should have audited financial statements for at least 1 year;
  • • Applicant(s) must have fulfilled obligations relating to the payment of social security contributions or obligations relating to the payment of taxes according to the legal provisions in PNG;


Other Requirements

Target Beneficiaries
  • • Women
  • • Rural communities such as farmer cooperatives and/ or savings groups
  • • Agriculture value chains of cocoa, vanilla and Fisheries.

REQUIRED

Application Directions

Applications should be submitted via email at uncdf.rfa@uncdf.org with the Email title: “Innovations for driving financial inclusion and DFS in PNG_Company Name” on or before the application deadline: 23th November 2020 11.59 PM PNG time.

ATTACHMENTS

091120-Annex-1-Submission-form.docx
09112020-RFA-document-PNG.pdf
09112020-Submission-letter.docx
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