NEWS
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FIT PROGRAM AWARDS 9 RURAL BANKS AND 1 CONSORTIUM WITH $655,000-GRANT
The Fintech for Inclusion Transformation (FIT) Program, funded by the High-Level Technology Fund (HLTF), Republic of Korea e-Asia, and Knowledge Partnership Fund, reached an important milestone last February 16, 2024. It marked the day that nine (9) rural financial institutions, and one (1) bank consortium were awarded with matching grants amounting to a total of $655,000 U.S. Dollars to fund their respective digital transformation solutions.
3 MICROFINANCE INSTITUTIONS RECEIVES $$$$-GRANT BY THE FIT PROGRAM
On June 14, 2024, The Fintech for Inclusion Transformation (FIT) Program has once again reached an important milestone. To fund their respective digital transformation solutions, three (3) Microfinance Institutions or MFIs were awarded with matching grants amounting to a total of $_______ U.S. Dollars. Last February 2024, ADB has also awarded nine (9) rural banks and one (1) consortium with a grant worth $655,000 U.S. Dollars in hopes of broadening the reach of financial inclusivity.