Recognizing that financial services are a key contributor to broad-based economic growth, Chemonics works with financial institutions to increase the availability and affordability of financial services for MSMEs, and underserved populations. We help financial institutions develop and improve micro-lending products, leasing, purchase order financing, mobile money, insurance, and savings products, and help them expand small and medium enterprise (SME) lending by utilizing Development Credit Authority credit guarantees. Chemonics also partners with host country government ministries, central banks, regulators, and other key institutions to develop appropriate financial sector policies and regulations as well as to establish capital markets, credit bureaus, and other key institutions that make up a country’s financial infrastructure.
Financial Services .
Adopting Electronic Payments Through Modeling
Jove Tapiador of the USAID Philippines E-PESO Activity discusses how “modeling” has helped the Philippines move from a cash-based to cashless economy.
A New Financial Product
Jove Tapiador of the USAID Philippines E-PESO Activity discusses the most important elements to measure or assess when introducing a new financial product to a group of people.