Find out how we contribute to the SDGs and what our Outreach is!
Today, 1.7 billion people or one third of adults still have no access to basic financial products and services. About 56% are women and a large share are poor. This means, farmers cannot access loans to buy the seeds and fertilisers; they have no savings for a child’s education; and they have no insurance to protect them from life shocks like medical emergencies, natural disasters. Approximately, 65 million or 40% of the micro, small and medium-sized enterprises (MSMEs) in developing countries, the engines of economic development, have unmet financing needs.
SCBF contributes to addressing the financing gap by providing technical assistance grants to develop client-centric financial products, channels and services for the low-income clients, notably women, farmers, micro enterprises and small- and medium enterprises. SCBF’s work directly contributed to six SDGs and reached over 5.5 million people. More indicators are below: