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.
The CGAP Cross-Border 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, with the latest edition implemented in partnership with Tameo Impact Fund Solutions, it alternates between surveying a full set and a smaller set of the largest international financial inclusion funders.
For 2022, CGAP collected data from n=47 funders comprising $46.2 billion in commitments. To enable comparability of data over time, year-over-year analysis outside the global estimate is based on a subset of the n=30 funders who have consistently participated, and who represented $41.6 billion of commitments in 2022. The CGAP Funder Survey is the most comprehensive resource available on international funding for microfinance and financial inclusion.
