Last Updated on: 1 July 2016
The world of financial inclusion is changing rapidly today, with major new entrants, including social media companies, disruptive technology service providers, peer-to-peer networks, telecommunications companies, and commercial banks, amongst others. In this challenging landscape of specialisation and mass-market technology disruption, AKDN activities are grounded in understanding and responding – sustainably and ethically – to the needs and desires of critical segments of unserved clients. For this reason, the Network forges partnerships with other actors in the broader financial ecosystem to offer a range of products and services: from community-based savings groups to mobile banking, from microfinance institutions to corporate banking. Its goal is to deliver services along the continuum of financial needs in ways that help local and national economies grow, and, ultimately, help create stable financial institutions that contribute to the overall quality of life.