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UNDCF SHIFT - A Challenge Fund Facility

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A financing facility for disbursing UNCDF funds granted for development.

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The challenge fund instrument is designed to leverage the creative power and commercial instincts of financial service providers to overcome development challenges. The challenge fund, through the provision of competitively sourced matching grants, can overcome market failures that would otherwise prevent a grantee from making an initial investment, either from the cost of information discovery, costs of mitigating risks or simple lack of available funding.

 

Languages

  • English (United States)

Countries

  • Cambodia
  • Indonesia
  • Lao PDR
  • Myanmar
  • Philippines
  • Vietnam

Categories

  • Challenge Grants
  • Financial Literacy
  • Microfinance
  • Remittances