To launch a two-year pilot of finca forward, a first-of-its-kind platform where early-stage financial technology (FINTECH)small and growing businesses (SGBS) have access to financial institutions that…
Ended Cooperative Agreement Awarded Last action
- Award ID
- 7200AA18FA00065
- Recipient
-
Finca International Inc. UEI KSFVUXFH26J9
- Awarding agency
-
Office of the Assistant Administrator
Bureau for Management, US Agency for International Development
- Obligated
- $610,000
Award facts
- Assistance listing
- 98.001 USAID Foreign Assistance for Programs Overseas
- Completion date
- Place of performance
- Washington, DC, USA
Award details come from USAspending.gov.
Description
To launch a two-year pilot of finca forward, a first-of-its-kind platform where early-stage financial technology (FINTECH)small and growing businesses (SGBS) have access to financial institutions that can be customers of their new products and services. Finca forward provides SGBS with the opportunity to run proof-of-concepts (POCS) with finca impact finance (FIF), one of the largest financial services networks of its kind. By being able to rapidly test and refine their products with MFI customers, SGBS can validate their product and demonstrate the MFI customer traction critical to engaging investors.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Amendment | $0 | |
| Amendment | $0 | |
| Amendment | $0 | |
| Amendment | $0 | |
| Original award | $610,000 |
Quick answers
Who received award 7200AA18FA00065?
7200AA18FA00065 was awarded to Finca International Inc. by Office of the Assistant Administrator (Bureau for Management) on August 14, 2018.
How much is award 7200AA18FA00065 worth?
$610,000 has been obligated on 7200AA18FA00065.
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