Digital Micro/nano Lending product in the Solomon Islands

About the Project

Deployment of a digital micro/nano loan product that leverages alternative data for credit scoring to support access to credit, improve value proposition for SINPF savers and increase financial inclusion for rural Solomon Islanders especially those under the informal portfolio/voluntary saver segment. 

You can find more info about this product here.

Start and End Date

February
2022
-
December
2023

Geographical Focus

Solomon Islands

Main Beneficiary

Private Sector

Status

Complete

Budget ($)

112700

Donors

Australia

Implementing Agency

Contact Person

Zoe Victoria Tate
UNCDF Country Lead Technical Specialist

Policy Area

PA7. Access to Finance for E-commerce

Strategic Output

7.1. Availability of risk sharing facilities and blended finance solutions has increased for E-commerce players (marketplace, vendors, merchants).

Measures

7.1.1 Develop a regional grant & loan scheme for tech start-ups and E-commerce MSMEs

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