Canada Spends Logo

Explore our Budget 2026 analysis

Contribution: International Development Assistance Program

Registered Trustees of the Financial Sector Deepening Trust

$15,000,000.00

Improving Access to Financial Services

FY 2013-14 · 2014-03-31

Summary
The project aims to increase access to financial services in agricultural and remote areas for small-scale enterprises and poor women and men in Tanzania. It provides capital and technical guidance to financial service providers such as banks, and to supervisory and regulatory institutions such as the Ministry of Finance. The program works with communities, government and the private sector to develop enabling policy and regulations, create and expand appropriate and accessible products and services, and train targeted beneficiaries on the use of financial services. It supports the development and expansion of innovative products with scaling up potential, such as mobile banking. Canada and other donors jointly provide support to this program, which is expected to help improve access to financial services for approximately 2 million poor women and men, and 35,000 small businesses. This phase builds on the results of the previous phases.
Program
International Development Assistance Program
Location
Dar es Salaam | Dar es Salaam, TZ
Recipient Type
Not-for-profit organization or charity
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

Amendments

Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.

AmendmentDateFiscal YearTotal
02014-03-312013-14$15,000,000.00
12014-03-312013-14$15,000,000.00
22014-03-312013-14$15,000,000.00

As published

Additional Information
The end date is postponed to March 31, 2021.
Additional Information (French)
La date de fin est reportée au 31 mars 2021.
Agreement End Date
2021-03-31
Agreement Number
5007060383 D000407001 P000627001
Agreement Start Date
2014-03-31
Agreement Title
Improving Access to Financial Services
Agreement Title (French)
Un accès amélioré aux services financiers
Agreement Type
Contribution
Agreement Value
$15,000,000.00
Amendment Date
2020-03-31
Amendment Number
2
Description
The project aims to increase access to financial services in agricultural and remote areas for small-scale enterprises and poor women and men in Tanzania. It provides capital and technical guidance to financial service providers such as banks, and to supervisory and regulatory institutions such as the Ministry of Finance. The program works with communities, government and the private sector to develop enabling policy and regulations, create and expand appropriate and accessible products and services, and train targeted beneficiaries on the use of financial services. It supports the development and expansion of innovative products with scaling up potential, such as mobile banking. Canada and other donors jointly provide support to this program, which is expected to help improve access to financial services for approximately 2 million poor women and men, and 35,000 small businesses. This phase builds on the results of the previous phases.
Description (French)
Ce projet vise à accroître l'accès aux services financiers dans les régions agricoles et éloignées pour les petites entreprises et pour les femmes et les hommes pauvres en Tanzanie. Il fournit du capital et de l'assistance technique à des fournisseurs de services financiers comme les banques, ainsi qu'à des institutions de surveillance et de réglementation comme le ministère des Finances. Le programme travaille avec les collectivités, le gouvernement et le secteur privé pour développer une politique habilitante et des réglements, créer et élargir des produits et services appropriés et accessibles, ainsi que former des bénéficiaires ciblés sur l'utilisation des services financiers. Le projet soutient le développement et l'agrandissement de produits novateurs au potentiel croissant, tels que les services bancaires mobiles. Le Canada et les autres donateurs collaborent ensemble pour fournir un appui à ce programme, qui devrait améliorer l'accès à des services financiers pour environ 2 millions de femmes et hommes pauvres et 35 000 petites entreprises. Cette phase s'appuie sur les résultats des phases précédentes.
Expected Results
The expected intermediate outcome for this project is: improved provision of financial services for poor women and men and small businesses, with a particular emphasis on women, and on agricultural/rural and remote areas.
Expected Results (French)
Le résultat intermédiaire escompté de ce projet est : un accès amélioré aux services financiers pour les femmes et les hommes démunis et pour les petites entreprises, l’accent étant mis sur les femmes et les zones agricoles et éloignées.
Organization Code
dfatd-maecd
Organization
Global Affairs Canada | Affaires mondiales Canada
Program Name
International Development Assistance Program
Program Name (French)
Programme d'aide au développement international
Program Purpose
The main purpose on the International Development Assistance Program is to reduce poverty for those living in countries where Global Affairs Canada engages in international development.
Program Purpose (French)
L’objectif principal du programme d’aide au développement international du Ministère est de réduire la pauvreté pour les populations qui vivent dans les pays où Affaires mondiales Canada se livre au développement international.
Recipient City
Dar es Salaam | Dar es Salaam
Recipient Country
TZ
Recipient Legal Name
Registered Trustees of the Financial Sector Deepening Trust
Recipient Type
N
Reference Number
GC-2014-Q4-0150