Dyeing factory Fez, Morocco | Photo by Ihab Fayad, 2017 CGAP Photo Contest Photo by Ihab Fayad, 2017 CGAP Photo Contest

Trends in International Funding for Financial Inclusion

Donors and investors need to continue thinking about and adapting their roles in an increasingly complex financial inclusion landscape. Knowing who is funding what, and where, is a good starting point. It can help funders make informed decisions on funding allocation, improve coordination among funders, and shed light on when and how to adjust their efforts to meet targeted objectives.

CGAP’s Funder Survey provides data on the funding flows for financial inclusion, based on the premise that better information leads to better funding decisions. Conducted annually since 2008 and in partnership with MIX since 2012, the CGAP Funders Survey is the most comprehensive resource available on international funding for microfinance and financial inclusion. Institutions or individuals with ownership and decision-making power over funds for financial inclusion participate in the survey. Data are reported by more than 50 major cross-border funders, both public and private.

2017 Data
Photo by Thang Nguyen Duc, CGAP Photo Contest

One of the key takeaways from the latest CGAP Funder Survey is that international funders committed US$42 billion to financial inclusion in 2017—a double-digit percentage increase from the prior year. For the first time in five years, public funding has grown faster than private funding.
Photo by Ady Agustian, CGAP Photo Contest

The data snapshots generated here come from the 2017 CGAP Funder Survey. Data snapshots are available at the global and regional levels. The 2017 CGAP Funder Survey reports funding commitments from 54 international funders, both public and private, as of the end of 2017.

Funding for financial inclusion quadrupled between 2007 and 2017. However, greater coordination is needed to ensure funders focus on filling gaps in the sector without duplicating efforts and they build interventions based on their comparative advantage.
2016 Data
Hat making, Myanmar. Photo credit: Wunna Win, 2017 CGAP Photo Contest Photo by Wunna Win, 2017 CGAP Photo Contest

The CGAP Cross-Border Funder Survey shows that funder commitments to financial inclusion reached a historic high of US$37 billion in 2016.
Woman weaving, Philippines. Photo credit: Froi Rivera, 2017 CGAP Photo Contest Photo by Froi Rivera, 2017 CGAP Photo Contest

The survey covering the year 2016 collected data from 23 funders and outlines financial instruments used, purpose of funding, type of funding (e.g., public, private), geographic allocation, and more.
Drying flowers, Vietnam. Photo credit: Hu Hung Truong, CGAP Photo Contest Photo by Hu Hung Truong, CGAP Photo Contest
Blog Series

What areas of financial inclusion are funders focusing on? Which countries are receiving the most funding? Are funders’ interventions making a difference? In this blog series, we look at data on international funding for financial inclusion and