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Improving Distribution of Digital Financial Services in Rural Areas

UNCDF Senegal is supporting the fintech InTouch in an agent network expansion project to address the low penetration of digital financial services in rural areas of Senegal. The project which is one of UNCDF intervention strategies in Senegal, intends to promote prototypes that demonstrate the existing opportunities for digital finance in the country. Through an innovative solution of “guichet unique” that allows digital finance operations with multiple service providers, more than 400 agents have been deployed in rural Senegal, among which more than 300 active agents. A qualitative research showed interesting learnings during the implementation phase.

You can read the research highlights in English or French.

The UN Capital Development Fund makes public and private finance work for the poor in the world’s 47 least developed countries (LDCs). With its capital mandate and instruments, UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.

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