UNCDF Plug-and-Play e-investment platform
In Malawi, the United Nations Capital Development Fund (UNCDF) supports the development of new use-cases, products or business models that could drive outcomes around Inclusive Digital Economies and the expansion of Digital Financial Services for segments currently left behind, such as women, youth, and other vulnerable segments in the low-income groups.
UNCDF plans to invest up to a total of USD (United States Dollar) 400,000 in grant funding towards the implementation of the intervention below:
Pilot and/or scale up new or existing inclusive innovative products or services to increase the use and access to digital financial services for small holder farmers in Malawi.
UNCDF invites legally registered institutions allowed to operate in Malawi that have innovative products and services, ready for pilot or scale to apply. Applicants may apply independently or in a consortium provided that the consortium has a pre-established partnership prior to when this request for applications being issued.
The purpose of this RFA is to select one to two qualified digital financial service provider/s committed, ready and able to pilot or scale an inclusive innovative solutions targeting smallholder farmers with a focus on women and youth in Malawi to attain the following:
- Demonstrate that inclusive innovative solutions on digital financial services, when designed and delivered with an understanding of the low-income and vulnerable group segments needs and use of new or existing data sources, can have an impact on the access and usage of digital financial services by these marginalized segments.
- Demonstrate that relevant use-cases for smallholder farmers can ensure sustained usage of digital financial services, which in turn can improve the livelihoods of these.
- Demonstrate and prove the business case for developing specific use cases that serve the needs of smallholder farmers, women, and youth segment groups.
The applicant may decide to focus on a particular region or district in Malawi with special focus on rural areas. Only applicants who meet the eligibility requirements for the submission as indicated in section 3.1 of the RFA document will be evaluated
Selected applicants will be signing a Performance-Based Agreement (PBA) with UNCDF. Please refer to the PBA samples available on this RFA website.
Selected applicants will be expected to fund at least fifty percent (50%) of the total project cost (for costs such as technical resources, staff, and operational expenses).
Please submit your proposal trough this e-investment platform. Submissions using other templates or sent by other electronic or non-electronic means will not be eligible.