Promoting financial inclusion through banking agents in underserved areas

The US Agency for International Development (USAID) awarded a $400,000 Project Grant to Fundacion Capital Fundak Sucursal Colombiana through the USAID Foreign Assistance for Programs Overseas (CFDA 98.001) program. The grant will support promoting financial inclusion through banking agents in underserved areas of Colombia from September 15, 2022 through September 14, 2025. The USAID Foreign Assistance for Programs Overseas program aims to support long-term and equitable economic growth and advance U.S. foreign policy objectives through activities like supporting economic growth, agriculture and trade; global health; and democracy, conflict prevention and humanitarian assistance. Under this award, Fundacion Capital Fundak Sucursal Colombiana will work to expand access to banking and financial services for underserved communities in Colombia through the use of banking agents over the three-year period of performance.