Staff Directory

David Kruijff

David joined CGAP in 2021 as part of its MSE team. Prior to this he has accumulated a wealth of experience in the microfinance sector working for organizations like ProCredit, the International Finance Corporation (IFC), and OXFAM. David held Board positions on regulated MSME banks in Nigeria, Ghana and Kenya, one Serbian Bank and a finance company in Kosovo.

More recently he has been a Director of a fintech that digitises MFI operations and designs credit scoring algorithms, and has worked for the Cambridge Centre for Alternative Finance helping them establish a global collaboration network, where he still holds a Research Affiliate position. Currently David is Chairman of Musoni BV, and Credit Committee member at Incofin.

David obtained his first Masters degree at the Agricultural University of Wageningen in Rural Development Studies, and a second Masters degree at Aberystwyth University in Post-Colonial Politics.

By David Kruijff

Research

Innovative Financing for Inclusive Credit Fintechs in Africa

Inclusive credit fintech can help address the US$4.9 trillion global credit gap for MSEs. However, early-stage fintechs face significant challenges in securing diverse funding sources. This focus note explores financing strategies for inclusive credit fintech in Africa, highlighting recent innovations and case studies. It also identifies knowledge gaps that hinder strategy design for international donors and impact investors eager to support digital innovations in MSE credit markets.
Research

Inclusive Fintech: How Startups are Bridging the Finance Gap for Microenterprises

Inclusive fintech startups are leveraging innovative credit products to support microenterprises in emerging markets. These startups use data, channel partnerships, and tailored pricing to make financial services more accessible and suitable for microenterprises. This focus note features a range of case studies based on CGAP's research and highlights the potential and actual impacts of microenterprise fintech models.
Research

Empowering Small Giants: Inclusive Embedded Finance for Micro-retailers

Financial inclusion is becoming more feasible for many excluded and underserved micro-retailers, thanks to the emergence of new B2B e-commerce companies that are digitizing the final stage of the fast-moving consumer goods (FMCG) supply chain. This report outlines various business models that incorporate last-mile retailers into digital ordering platforms, offering them convenience, transparency, and a wide range of products.
Research

The Promise of Fintech for Micro and Small Enterprises

Nearly 500 million micro and small enterprises (MSEs) are estimated to be operating around the world. Access to credit and other financial services is critical to the growth and sustainability of these businesses, and consequentially to the low-income and vulnerable populations which rely on MSEs for their livelihoods. Yet despite decades of efforts and some notable successes in expanding MSE finance, the credit gap remains an estimated 4.9 trillion U.S. dollars.