The Alliance for Financial Inclusion (AFI) will launch its regional initiative during a two-day meeting on 15-16 November 2016 in Cartagena, Colombia.
To better serve its members in LAC, AFI is entering into partnership agreements that aim to synthesize knowledge about financial inclusion in the region and enhance policy and reforms by scaling up peer learning in a number of thematic areas, such as digital financial services, data, women’s financial inclusion, and consumer empowerment and financial literacy. To this end, AFI will provide a regional platform based on peer learning, peer study and peer research.
Objective of FILAC
LAC is the second largest region in the AFI network. Despite impressive economic growth in recent years, income disparities and exclusion from the financial system have left 250 million adults in LAC without access to financial services, and moved financial inclusion policies to the top of the agenda. Therefore, the Financial Inclusion Initiative for Latin America and the Caribbean will seek to:
Generate and Synthesize knowledge and scale up peer learning.
To achieve this objective, AFI member institutions in LAC will have the opportunity to strengthen, study and research four policy areas:
- Digital Financial Services,
- Data,
- Women’s Financial Inclusion and
- Consumer Empowerment and Financial Literacy.
