BACKGROUND
Enhancing Financial Inclusion and Advancement (EFInA) is a financial sector development organisation that promotes inclusive finance in Nigeria. EFInA was established with support from the UK’s Financial and Commonwealth Development Organisation (FCDO) in 2007 and began receiving funding support from the Bill & Melinda Gates Foundation in 2009.
EFInA is well-renowned within Nigeria’s financial sector for providing thought leadership in achieving financial inclusion and championing the unbanked. Through funding and catalyzing innovation, providing cutting-edge research, advocating for enabling inclusive policies, and building capacity, EFInA has established a reputation as an honest broker among both the private and public sectors.
EFInA achieves its mission through four strategic pillars:
• Research: Provide credible market information on the Nigerian financial sector.
• Partnership & Innovation: Work closely with a range of stakeholders to test evidence-based use cases that support scalable deployment of relevant and affordable DFS products that work for all.
• Systems Strengthening: Provide technical advisory and capacity building to the ecosystem stakeholders to bridge the gaps that hinder an effective and efficient financial market.
• Advocacy: Deploy an evidence-based approach to amplify and address multifaceted barriers that impede inclusion across priority segments and create an enabling environment for inclusion.
For more information about us, please visit www.efina.org.ng
Download the Terms of Reference for the Development of the DFS and CP Market Index
