Inclusive Access to Finance
ID: 344207Type: Forecasted
Overview

Buyer

Bangladesh USAID-Dhaka (USAID-BAN)

Eligible Applicants

Unrestricted

Funding Category

Income Security and Social Services

Funding Instrument

Other

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes
Timeline
    Description

    The United States Agency for International Development (USAID) Bangladesh Mission is forecasting a grant opportunity titled "Inclusive Access to Finance," aimed at enhancing financial access for agricultural micro, small, and medium enterprises (MSMEs) and marginalized populations in Bangladesh. The initiative seeks partners, particularly local entities, to implement a project with a funding range of $20-$40 million, focusing on innovative financial solutions and capacity building for non-traditional borrowers, including women, youth, and minorities. This project is crucial for improving income security and social services within the targeted communities, with an emphasis on collaboration with existing Feed the Future (FTF) activities in sectors like horticulture and aquaculture. Interested applicants can reach out to Ahsan Rahman, Assistance Specialist, at marahman@usaid.gov or by phone at +88028855500 for further information, as the solicitation timeline is subject to change and updates will be provided on the USAID Business Forecast.

    Point(s) of Contact
    Ahsan Rahman Assistance Specialist
    88028855500
    marahman@usaid.gov
    Files
    Title
    Posted
    USAID provided clarifications for RFI No. 72038823RFI00001 on "Inclusive Access to Finance," indicating that cover pages do not count towards the 10-page limit, and the program is expected to coordinate with various FTF activities focusing on specific value chains. They emphasized interest in building partnerships with commercial banks, NBFIs, and MFIs, while also supporting capacity-building for new local partners, and preferred a flexible approach regarding technology solutions to enhance access to finance. The initiative will target agribusinesses in both rural and urban areas, benefiting traditionally underserved groups, and a solicitation release date is anticipated as referenced in the USAID Business Forecast.
    USAID is inviting local entities to apply for a Cooperative Agreement to address inequities in HIV prevention, care, and treatment for key populations in Togo through the "Equity KP Togo" activity. The application process consists of a two-phase approach, starting with the submission of a concept paper, followed by an invitation for full applications if the concept is approved; the deadline for concept papers is September 13, 2024, and questions are due by September 3, 2024. The program aims to enhance comprehensive HIV services and reduce stigma, contributing to sustainable epidemic control by 2030, with a five-year funding allocation of $5 million per country (Togo and Burkina Faso).
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