Apply: UNCDF Development of Integrated Financial Services

Deadline: 07 May, 2020

The United Nations Capital Development Fund (UNCDF) is accepting applications for the Development of Integrated Financial Services for Girls and Women in the Gambia.

UNCDF is bringing its expertise in promoting green and climate resilient communities and in financial inclusion, in support of job creation, under the ‘Jobs, Skills and Finance (JSF) for women and youth in The Gambia 2018–2022’ programme funded by the 11th European Development Fund.

This programme will contribute to stabilising the economic, social and security situation of the country during the democratic transition by facilitating social inclusion and employment of the youth and women, with specific emphasis on promoting gender equality and addressing climate change. It will do so through two components:

  • Job creation for the youth, women and local communities and equal access to employable skills development
  • Improved access to finance

 

UNCDF has been actively working to increase financial inclusion through piloting different approaches combining financial and non-financial services. Under component two of the JSF programme in the Gambia, UNCDF is addressing financial inclusion as a key contributing factor to unlock the potential of vulnerable segments such as women in driving sustainable and inclusive development. Improved financial capability and access to financial services have the potential to integrate women as drivers of innovative economic growth and job creation in their own communities.

Benefit

  • Agreement size: Up to $250,000 for each selected partner

 

Eligibility

Applicants must:

  • Not be in a state of repair or have been the subject of bankruptcy, liquidation, legal settlement, safeguard, cessation of activity or any other similar situation resulting from a similar procedure
  • Be eligible and not in the UN’s Ineligibility list, the UN/PD list, or the 1267/1989 lists
  • Have fulfilled the obligations relating to the payment of social security contributions or the obligations relating to the payment of taxes in accordance with the legal provisions in force in the country of incorporation
  • Have been at least 24 months in operations in the country of incorporation
  • Have audited financial statements for at least the past two years
  • Show sound financial stability (eg positive return on assets; strong portfolio quality; positive operational self-sufficiency ratio (OSS), greater than 100 percent)

 

To apply and for more information, click here.

Photo source: UNCDF

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