Application Due Date: July 20 th 2019

The Arab Financial Addition Development Reward gears up appealing innovators with the financing and assistance they require to understand their prospective to more monetary addition in the Arab world. It rewards those who can increase access to monetary services, decrease the expenses of that gain access to, and much better serve end customers in the area.

Eligibility Requirements:

Location

Qualified propositions need to be by Arabs for the Arab world. Residency in an Arab nation is not needed, however a minimum of one member of the group need to hold an Arab citizenship. The proposed development needs to be for execution in the Arab world, specified as the member nations of the Arab league.

Phase of Advancement

Ingenious propositions at all phases of advancement are welcome. Candidates need to have the ability to reveal that their development can be effectively used to the sector. Microfinance and monetary addition are specified in their broadest sense to include a vast array of fields, consisting of however not restricted to: credit, cost savings, insurance coverage, payment services, Islamic financing, fund transfers, accountable financial investment, cumulative banking, and company advancement services of micro-enterprises.

Group

We invite candidates of numerous types to make an application for the reward, consisting of people, small companies, MFIs, NGOs, trainees, cooperatives, business banks, regional advancement banks, renting companies, insurance provider, and fintech business.

Prizes:

Prize Money

A prize money will be granted to the winners of AFIIP2019 Read what the winners of the inaugural 2018 reward had the ability to make with the cash they got in our newsroom here

Technical Assistance

The 2019 winners will likewise get technical assistance to assist establish their development, through networking chances and expert guidance and assistance.

For More Details:

See the Authorities Website of the Arab Financial Addition Development Reward 2019

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