To support and to help MFIs in creating and developing new microfinance products
Areas of intervention
Latin America, South-East Asia, Africa
- Agricultural finance
- Fintech - Digital finance
- Support for young entrepreneurs
- Inclusive insurance
- Social and Financial Performance
- Partnership with networks
- Advice to public institutions
ADA develops and field tests new microfinance products and services that aim to better meet the diverse needs of clients and contribute to increasing their income. Innovation efforts focus on key themes: agricultural and rural finance, digital finance, support for young entrepreneurs and inclusive insurance.
ADA analyses requirements and develops new products in cooperation with its field partners – the microfinance institutions. Launching these innovative products on the market guarantees a wider access to target populations. It also represents an opportunity for the microfinance institutions adopting them to offer a wider range of products and services. Diversification provides them with new sources of income and contributes to strengthening their financial viability.
Some customer groups such as young entrepreneurs or migrants have specific financial requirements. It is therefore essential to be able to offer them the suitable products and services.
ADA constantly aims to pass on its expertise and methodology to its partners so that, in the long term, they may innovate independently. Innovating in inclusive finance enables ADA to take action, in line with the needs of those who are excluded from the traditional financial system.