United Nations Capital Development Fund (Malawi)

UNCDF has been present in Malawi since 1982, working to expand access to financial services for low-income and rural populations.

In Malawi, the United Nations Capital Development Fund (UNCDF) supports the development of new use-cases, products or business models that could drive outcomes around Inclusive Digital Economies and the expansion of Digital Financial Services for segments currently left behind, such as women, youth, and other vulnerable segments in the low-income groups.

UNCDF is engaging in Malawi through the BUILD Fund--UNCDF's off-balance sheet impact investment vehicle co-managed with Bamboo Capital Partners, specifically through the BUILD Malawi window--a specialized structured blended finance vehicle for agribusiness. The Joint Programme will work to end poverty and hunger by increasing investment in agriculture and other manufacturing and service supply-chains, as well as increasing productivity within these supply-chains through technology and innovation; and achieving gender equality by supporting business where women are significantly represented in boards, management, staff, suppliers, or buyers. Targets for the programme include: 3,000 jobs (30% minimum for women and youth) created; 75,000 small-scale producers integrated into investees supply chains; participating small-scale producers’ income increased by 30%; expanded fiscal space with aggregated income taxes of $19.3 million; and 15 supply chains strengthened.