Promoting Inclusive Markets and Financial Systems
The MasterCard Foundation works with visionary organizations to provide greater access to education, skills training and financial services for people living in poverty, primarily in Africa. As one of the largest private foundations its work is guided by its mission to advance learning and promote financial inclusion to create an inclusive and equitable world. Based in Toronto, Canada, its independence was established by Mastercard when the Foundation was created in 2006. For more information and to sign up for the Foundation’s newsletter, please visit www.mastercardfdn.org. Follow the Foundation at @MastercardFdn on Twitter.
This Brief describes the Chars Livelihood Programme (CLP) in India, which aims to ensure that most poor char dwellers in the Jamuna River Basin have access to appropriate financial services through Savings Groups. It lists the objectives of the program, describes the context and the Asset-Transfers and VSLAs, presents the outcomes, addresses issues of sustainability, and concludes with the lessons learned.
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