SCBF, through its innovative public-private platform with support from its 30 strong members, promotes financial inclusion of low-income clients, especially women, smallholder farmers, and MSMEs, in emerging contexts. Gender is a cross-cutting theme across most of its projects, and the team consciously makes an effort to promote gender equity in all its projects to ensure women across the world lead a secure and dignified life.
FinEquity, is a global community of over 6,000 researchers, practitioners, policymakers, and donors convened by CGAP to empower women through financial inclusion. It provides facilitated platforms to share experiences, identify key challenges, document, discuss emerging good practices, and solve common problems associated with increasing equitable access to and use of a broad range of financial services.
SCBF and FinEquity are very well aligned in their objective of promoting and empowering women through financial inclusion. SCBF leverages the knowledge and insights shared by them and, wherever feasible, supports projects promoted by CGAP and FinEquity towards this objective.
FinEquity recently featured SCBF CEO, Ms. Sitara Merchant in their Member Spotlight. In this conversation, Sitara shares about her journey into the financial inclusion space and with SCBF. She talks about the unique blend of financial and human resource support provided by SCBF members who are industry leaders and have a high level of domain expertise to help project partners and grantees create better ground-level impact. She provides a glimpse of SCBF’s new strategy that plans to expand new financial instruments along with technical assistance to address the needs and issues of the ‘pioneer gap’ faced by high-impact enterprises.