Microfinance Sector Development Program

closed

The SS-KSTA will provide important knowledge input and background diagnostics for the conceptualization of a Microfinance Sector Development Program and input for a project concept paper. ADB will aim to assist and advise on the further development of a market-based microfinance sector, by supporting the improvement of access to finance through both the commercial banking and the MFO sector. This is expected to support the development of the private sector as well as commercialize the SOBs to finance MSE on a sustainable basis and by doing so deepen and broaden financial intermediation and reach out to microentrepreneurs including women and rural. The TA will look for ways to increase access to finance by i) identifying further reforms across both the banking and microfinance sector the market to enable greater access to finance, (ii) identify capacity building requirements for the market to both downscale the banks to do more with MSE as well as upgrading the capacity of corporate governance for MFOs and (iii) develop a business plan to establish an apex body to support sustainable funding models for the microfinance sector.