People sit with their cash boxes

A new paper from CGAP and CFI explores what it means for investors to exit the microfinance equity market responsibly. 

A woman with children and a Bolsa Familia card

A financial diaries project in Brazil with CGAP and Caixa reveals seasonal income is problematic for Brazil's new middle class.

CGAP's smallholder financial diaries project, tracking 90 households, is underway in Pakistan, Tanzania and Mozambique. 

About CGAP

CGAP (the Consultative Group to Assist the Poor) is a global partnership of 34 leading organizations that seek to advance financial inclusion. CGAP develops innovative solutions through practical research and active engagement with financial service providers, policy makers, and funders to enable approaches at scale. Housed at the World Bank, CGAP combines a pragmatic approach to responsible market development with an evidence-based advocacy platform to increase access to the financial services the poor need to improve their lives.


April 22, 2014
This paper seeks to explore the concept of a responsible exit along four strategic decisions: the timing of the equity sale, buyer selection, the governance and use of shareholder agreements to achieve social objectives, and how social and financial returns are balanced when selecting among bids.
April 11, 2014
While many banked people already use mobile banking in China, the country also has the potential to emerge as an important success story for branchless banking and financial inclusion and potentially a new paradigm.

From Our Blog

23 April 2014
The number of exits from microfinance equity investments is anticipated to accelerate in the next...
21 April 2014
1 comment
Technology and innovation hold great promise for deepening financial access in China. But despite recent...
17 April 2014
The preparations for the smallholder farmer household financial diaries continue in Tanzania, Pakistan and Mozambique...