MicroSave project completion report - FSD Kenya

FSD Kenya was established in early 2005 to support the development of inclusive financial markets in Kenya as a means to stimulate wealth creation
and reduce poverty. Working in partnership with the financial services industry our goal is to significantly expand access to services among lower
income households and smaller scale enterprises. FSD operates as an independent Trust under the supervision of professional trustees, with policy
guidance from its programme investment committee. Finance is provided by a number of development partners including the UK’s DFID, the World
Bank, Ministry of Trade and Industry and the Swedish International Development Agency (SIDA).
To ensure coherence in activity and maximise impact, FSD’s work is guided by focal themes. Reviewed annually, these themes will evolve as financial
markets develop, priorities change and new opportunities are presented for FSD. We currently have three theme areas:
1) Core financial system, working with banks, SACCOs and MFIs; and deepening the payment systems to reach excluded markets.
2) Rural finance working with retail players while scaling up – especially service provision based on systems of large numbers of small
community based organisations.
3) GrowthFin - finance for growth targeting small and medium enterprises.
The review was undertaken by Rob Hitchins of the Springfield Centre for Business in Development.
It was commissioned on behalf of the devevelopment partners supporting MicroSave.
The views expressed herein do not necessarily represent those of FSD Kenya, CGAP, NORAD,
Austrian government or associated agencies