Financial Inclusion for Refugees: A Strategic Collaboration to Provide Access
Syrian refugees receive training from a Lebanese social enterprise l'Artisans du Libanto to produce 'aghabani' embroidery.
Photo credit: Lene Hansen
Approximately 20 million people currently live as refugees worldwide and this population is significantly underserved by the financial sector. The SPTF has been working strategically to increase financial inclusion for this population. In 2015, SPTF began a collaboration with the Livelihoods Unit of the United Nations High Commissioner for Refugees (UNHCR) to identify and document best practices for financial service providers (FSPs) to provide access to financial products and services for refugee populations. In 2016, this collaboration will continue in order to create training materials based on the best practices identified last year, and to disseminate this information to key stakeholders. These
resources can encourage and support the FSP’s increased outreach to refugee populations. Read more