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Annual Report 2014 2 Swiss Capacity Building Facility | Annual Report 2014

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Annual Report 2014 2 Swiss Capacity Building Facility | Annual Report 2014 Annual Report 2014 2 Swiss Capacity Building Facility | Annual Report 2014 TABLE OF CONTENTS 4 Public Private Development Partnership Members Technical & Financial Contribution - Phase I 6 SCBF at a Glance Mission & Approach Phase I: 2011 - 2014 8 SCBF Operations - Global Overview Financial Products per Country Regions of Implementation 10 Results 2014 Regional Overview - Completed Case Studies & Partner Interview 20 Operations 2014 Product Up-scaling, Feasibility Studies & Financial Education Regional Overview - Approved & Under Implementation 22 Operational Overview - Phase I Windows & Financial Products Partner Financial Institutions & Technical Assistance Providers 24 Institutional Achievements 2014 Revision Articles of Association & Policies and Procedures Secretariat Set-up & Additional Member Contribution Mid-Term Review 26 Financial Report 29 Outlook 31 Appendices 32 Appendix 1: In-kind Contribution 33 Appendix 2: Notes Financial Statement 2014 37 Appendix 3: Internal Structure 37 Appendix 4: List of All SCBF Operations Photos Courtesy of Acre, Advans Bank Pakistan, Advans Bank Tanzania, Apoyo Integral Guatemala, ASA, Habitat Cambodia/Kea Sarith, Equity Bank Tanzania, Tinh Thoung, Women‘s World Banking 3 Swiss Capacity Building Facility | Annual Report 2014 PRIVATE PUBLIC DEVELOPMENT PARTNERSHIP The Swiss Capacity Building Facility (SCBF) is a pu- The SCBF provides a platform that adopts a new and blic-private development partnership. It helps its innovative model of operation, giving the initiative Partner Financial Institutions (PFIs) - such as microin- to the market by involving financial institutions and surance service providers, microfinance banks, and consulting companies in the early stages of project postal, savings and commercial banks - to significant- planning. ly increase their outreach to low-income households, The SCBF also offers important networking oppor- smallholder farmers, and micro, small and medium tunities for the members and the possibility to be up- businesses (MSMEs). The SCBF works to broaden and to-date about trends and learn from challenges and deepen inclusive financial sectors in the South, which best practices. has proven to be an effective strategy for alleviating poverty. “The development of the SCBF has been a very evolutionary process and “The SCBF provides impulses and it has been intersting to see how motivation to engage ourselves in new the organisation grows and further evolves. topics like mobile banking or It is a rare and precious platform of innovative microinsurance products.“ collaboration between the Gabriella Crescini, public & private sector.“ Swisscontact - Founding member Mario Wilhelm, Swiss Re - SCBF member Members 4 Swiss Capacity Building Facility | Annual Report 2014 Mario Wilhelm - Swiss Re, Konrad Ellsässer - SMH, Christian Sinobas - KiWi, Klaus Maurer (mid-term review Brandon Mathews - Stonestep, Michael team leader), Markus Schär - FIDES, Gabriele Siegenthaler Kortenbusch - BFC, Hans Ramm - SDC, - SDC (guest), Ariane Appel - Secretary, Denis Garand (mid-term review consultant), Mayada El-Zoghbi (CGAP/mid-term review adviser), Maria Laura Hemrika - Credit Suisse, Gabriella Crescini - Teresa Zappia - Blue Orchard, Olga Speckhardt - Syngenta Swisscontact, Ximena Escobar - Bamboo Finance Foundation for Sustainable Agriculture, Michael Anthony - Allianz RE Technical & Financial Contribution - Phase I Technical & Financial Contribution - Swiss Public Sector In Phase I, the Swiss Agency for Development and Co- operation (SDC) committed a total of CHF 8‘850‘000 in financial contributions. Of this, CHF 2‘250‘000 was earmarked for the North Africa region, CHF 1‘000‘000 for feasibility studies, and CHF 800‘000 for financial education campaigns. Additionally, SDC committed the equivalent of CHF 182‘000 (representing 140 days) for technical expertise. By the end of 2014, CHF 4‘556‘835 was achieved for product up-scaling; CHF 1‘662‘754 for the North Af- rica region; CHF 1‘000‘000 for feasibility studies; and CHF 800‘000 for financial education campaigns. SDC had delivered 221 expertise days (equivalent of CHF 287‘300) by the end of 2014. Technical & Financial Contribution - Swiss Private Sector In Phase I, the Swiss private sector committed finan- cial contributions and technical expertise equivalent to CHF 1‘119‘800. By the end of 2014, the financial contribution amounts to CHF 450‘000, and the expertise contri- bution to CHF 578‘800 (representing 445 expertise days). This brings the sum total to CHF 1‘028‘800. For further details see Appendix 1, page 32. Financial Self-Contribution - Partner Financial Institutions For Phase I, the target for financial self-contributions from Partner Financial Institutions and third parties was CHF 1‘000‘000. By the end of 2014, the actual self-contributions amounted to CHF 5‘090‘533. 5 Swiss Capacity Building Facility | Annual Report 2014 SCBF AT A GLANCE Mission The Associations‘s specific objectives are to: a) Foster the development of inclusive financial sec- b) Pool financial expertise and resources of the pri- tors that offer responsible, client-oriented and eco- vate and public sector, and in particular, leverage pri- nomically sustainable financial services that help vate investments to enhance the scale and effective- reduce vulnerability and contribute to income and ness of Swiss contributions to the growth of inclusive employment generation of low-income people (no- financial services in the South. tably women), smallholder farmers, and micro, small, and medium enterprises. “The SCBF is unique since it pulls together a number of different private and public sector actors that are Swiss based and share a common goal to positively impact emerging market economies via innovative finance and insurance related Technical Assistance (TA) projects. The exposure to a variety of specialists across a multidisciplinary platform of interventions provides a unique opportunity to keep up-to-date with a number of means to promote financial inclusion. The combination of financiers/investors and TA practitioners is also very welcome as the two groups learn immensely from each other on how best to implement innovative projects.“ Maria Teresa Zappia, Blue Orchard - SCBF member Approach For SCBF‘s internal structure see Appendix 3, page 37 6 Swiss Capacity Building Facility | Annual Report 2014 Phase I: 2011 - 2014 2010 Founding 9.3 14 Members Million CHF - Financial Contribution 1.1 Million CHF - In-kind Contribution 5 Million CHF - Self-Contribution of Partner Financial Institutions 45 Product Up-scaling Interventions 8 Financial Education Campaigns 13 Feasibility Studies 26 Countries 55 Partner Financial Institutions 7 Swiss Capacity Building Facility | Annual Report 2014 SCBF OPERATIONS - GLOBAL OVERVIEW HIGHLIGHT Mid Term Review 2014 page 24 NORTH AFRICA Egypt Morocco Tunisia LATIN AMERICA Bolivia Ecuador El Salvador Guatemala Haiti Honduras Nicaragua Peru Financial Products per Country HIGHLIGHT Case Study on Housing Product Up-scaling page 12 BANKING MSME Lending Savings INSURANCE Delivery Channel Health Microlending & Housing Credit Life Plus Microlending & Energy Agriculture Financial Education Microlending & Water Distribution Channel & Feasibility Studies Microleasing COMBINED Financial Education For further information Moneytransfer Savings & Insurance see page 22 Feasibility Study 8 HIGHLIGHT Case Study on Gendered Lending page 15 MIDDLE EAST Jordan Palestine ASIA Cambodia India Myanmar Nepal Pakistan HIGHLIGHT Case Study on MSME Vietnam page 16 SUB-SAHARAN AFRICA Benin Burkina Faso Ethiopia Ghana Ivory Coast Kenya Mali Mozambique Rwanda Senegal Tanzania Zambia Regions of Implementation Product Up-Scaling Feasibility Studies Financial Education 9 Swiss Capacity Building Facility | Annual Report 2014 RESULTS 2014 Regional Overview - Completed Middle East & North Africa Palestine, Product Up-scaling, 2013-02 Egypt, Feasibility Study, FSW-09 Cairo Amman Bank (CAB) planned a downscaling to ENPO (Egyptian National Post Organisation) - one of maximize outreach to MSEs all over Palestine, with a the largest financial service providers in Egypt - star- focus on remote areas. Due to the political situation ted analysing a prospective collaboration to offer only part of the intervention could be implemented savings-based microinsurance products. The feasibi- and was stopped in November 2014. lity study was put on hold, related to the change of For further information see the Final Report on SCBFs ENPOs chairman. website: For further information see the Feasibility Study on http://scbf.ch/product-upscaling-interventions SCBFs website: http://scbf.ch/feasibility-studies Palestine & Jordan, Feasibility Study, FSW-04 UNRWA MD received support to prepare for the Sub-Saharan Africa transformation into an independent financial institu- Tanzania, Product Up-scaling, 2012-07 tion operating in Palestine, Jordan and Syria. Advans Bank Tanzania developed a client-oriented For further information see the Feasibility Study on SME loan product and improved its SME methodo- SCBFs website: http://scbf.ch/feasibility-studies logy, commercial strategy and marketing and adjus- ted its risk management requirements. Additionally Tunisia, Feasibility Study, FSW-05 they improved their human resources management Enda was supported in developping a microinsurance systems. strategy in Tunisia. A product up-scaling intervention For further information see the Case Study on page with SCBF followed the successful feasibility study. 17 and the Final Report on SCBFs
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