Since the global outbreak of the novel coronavirus, FSD Kenya has been tracking the economic impact of the COVID-19 pandemic on low-income Kenyans, small enterprises, and underserved groups such as women and youth.

The FSD Network is a growing family of Financial Sector Deepening (FSD) permanent institutions and programmes working across Africa to mould sustainable financial systems to work better for poor, vulnerable and marginalised populations on the continent.

Informal service providers such as rotating savings and credit associations (ROSCAs), accumulating savings and credit associations (ASCAs) and other community based savings solutions are a core part of people’s financial portfolio in Kenya.

This study examines how building livelihoods programmes, or financial graduation projects, shape who participants become as businesspeople.

The annual lecture is FSD Kenya’s flagship event. Held every year since 2015, the annual lecture highlights new thinking and raise cutting edge issues in the field of financial inclusion.

Amidst the COVID-19 crisis, FSD Kenya and BFA Global have been working to understand the human impacts—social, financial, and economic—by conducting qualitative phone interviews with previous respondents from the Kenya Financial Diaries.

The COVID-19 crisis is creating great uncertainty about what the future holds for the economy and well-being of all.

Other People’s Money

The recent months have been quite surreal for many across the globe.

The 4th FSD Kenya annual lecture on financial inclusion is set to take place on the 8th of November 2018.

This section holds a series of rapidly-produced blogs on how low-income Kenyans are coping with the changes in their lives induced by the novel Coronavirus (COVID-19).

This segmentation study identifies Kenyans whose financial needs are not adequately met by the solutions available in the financial market, as well as the untapped opportunities they offer to financial service providers. The study was conducted by FSD Kenya and the Consultative Group to Assist the Poor (CGAP), using data from FinAccess 2019.

This segmentation study identifies Kenyans whose financial needs are not adequately met by the solutions available in the financial market, as well as the untapped opportunities they offer to financial service providers.

 FSD Kenya today welcomes a £17.14m commitment from the UK’s Foreign, Commonwealth and Development Office (FCDO), part of a £320m package that will initiate an ambitious new phase of financial sector development across the continent.

On 19th November 2019, the 5th FSD Kenya Annual Lecture took place at the University of Nairobi’s Chandaria Auditorium. Dr David Ferrand, a long-time observer of the Kenyan financial sector and former FSD Kenya director was the speaker at this year’s event.

On the evening of Tuesday November 19th 2019, FSD Kenya held its fifth annual lecture on financial inclusion at the University of Nairobi’s Chandaria Auditorium.

This year’s lecture titled “Financing Kenya: 2020 hindsight for Vision 2030” was delivered by Dr. David Ferrand. David is a long-time observer of the Kenyan financial sector.

On the evening of Tuesday November 19th 2019, FSD Kenya held its fifth annual lecture on financial inclusion at the University of Nairobi’s Chandaria Auditorium.

The Hunger Safety Net Programme (HSNP) is an unconditional cash transfer programme implemented by the Government of Kenya’s National Drought Management Authority (NDMA) and the UK Department for International Development (DFID) under its twelve-year support to the social protection sector in Kenya.

The annual lecture is FSD Kenya’s flagship event. Held every year since 2015, the annual lecture highlights new thinking and raise cutting edge issues in the field of financial inclusion.

Financial Sector Deepening (FSD) Kenya is pleased to announce that Anzetse Were has joined the team as Economist, effective September 2019.

In April 2019, the 2019 FinAccess Household Survey revealed that Kenya had made extraordinary strides in financial inclusion. While FinAccess 2019 shows that financial inclusion has peaked at 83% among Kenyans, its findings also evoke poignant questions.

Kenya aims to become a middle-income country by 2030, delivering a high quality of life to all. Finance plays a central role in our economy, facilitating trade and underpinning the efficient pooling and allocation of resources and risk.

FSD Kenya’s work is increasingly focused on trying to help harness the on-going disruption of the sector in a way which will create real value for people.

It is with an immense sense of loss that the FSD Kenya learned of the passing of Bob Collymore, CEO of Safaricom.

FSD Kenya is pleased to support the Afro-Asia Fintech Festival (www.afroasiafintech.net) co-hosted by the Central Bank of Kenya and the Monetary Authority of Singapore on the 15-16 July at the Kenya School of Monetary Studies.

David Ferrand has announced that he will be stepping down from his role as Director of FSD Kenya from 4th July 2019. After an extensive, international search process, the Trustees have appointed Tamara Cook (pictured) as his successor.