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Donor innovation in financial system development : DFID’s design of FinMark trust in South Africa (Inglês)

This case study describes how the United Kingdom (U.K.) Department for International Development (DFID) designed an innovative approach to broaden the outreach of the formal financial system in South Africa. In South Africa, DFID and the Banking Council of South Africa (BCSA) created an independent local organization, FinMark Trust, and gave it the decision-making authority to pursue projects that integrate microfinance into mainstream financial services.

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