Deadline: 30 June 2015
The MasterCard Foundation is currently accepting applications for its clients at the centre prize of US$150,000. The prize aims to find out the most innovative, impactful, and sustainable way in which a financial service provider puts its “clients at the centre” in order to promote financial inclusion for poor people living in the world’s developing countries. The prize consists of one US$100,000 cash award and US$50,000 in consulting support to expand or reinforce client-centric practices within the winning organisation.
Three to five finalists will be invited to present their innovations in front of peers and leading industry professionals at The 2015 MasterCard Foundation Symposium on Financial Inclusion in Cape Town, South Africa.
Beneficiary Countries
Algeria, Argentina, Armenia, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belize, Benin, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Cambodia, Cameroon, Cape Verde, Chile, China, Colombia, Comoros, Costa Rica, Côte d’Ivoire, Croatia, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatoria Guinea, Fiji, Gabon, The Gambia Georgia, Ghana, Grenada, Guinea, Guinea Bissau, Guyana, Honduras, Hungary, India, Indonesia, Iran, Iraq, Jamaica, Jordan, Kazakhstan, Kenya, Kosovo, Kuwait, Kyrgyzstan, Laos, Lebanon, Liberia, Macedonia, Malaysia, Maldives, Mauritius, Mexico, Moldova, Mongolia, Montenegro, Morocco, Mozambique, Nepal, Nicaragua, Niger, Nigeria, Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Qatar, Romania, Russia, Saint Lucia, Saint Vincent and the Grenadines, Samoa, São Tomé and Príncipe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Solomon Islands, Sri Lanka, South Africa, Suriname, Tajikistan, Tanzania, Thailand, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Uganda, Ukraine, United Arab Emirates, Uruguay, Uzbekistan, Vanuatu, Venezuela, Vietnam, Yemen, Zambia, Zimbabwe.
Eligibility Criteria
- Applicants must be registered organisations operating anywhere in the world, and direct providers of financial products and services to low-income populations in developing countries listed above.
- Applications must focus on their business practices that better serve the poor, most vulnerable and economically disadvantaged people within any of the developing countries to be eligible for the Prize.
- Applicants can be traditional financial service providers (commercial banks, microfinance institutions, or companies providing non-bank products and services such as leasing or insurance companies), or emerging players such as mobile network providers, IT or mobile-enabled technology companies, agribusinesses that provide financial services, or others.
- The MasterCard Foundation does not partner with government agencies.
Key Dates
- Announcement of Finalists- 30 September 2015
- Finalists will be invited to the 2015 MasterCard Foundation Symposium on Financial Inclusion-November 19-20 in Cape Town, South Africa.
How to Apply?
- Applicants have to first register themselves in the website.
- Applicants will then access the application form which can be submitted online.
For more information about the award, please visit MasterCard Awards.
