Key Results from MM4P Mid-Term Evaluation - December 2018

UNCDF's Mobile Money for the Poor (MM4P) programme was originally launched 2012 with funding from Sida and the Australian Department for Foreign Affairs and Trade (DFAT). The rst phase involved programming in four least developed countries (LDCs) in Africa and Asia: Lao PDR, Liberia, Malawi and Nepal. The programme originally sought to develop digital financial services (DFS) in these more challenging markets by providing policy support to regulators and grant support to DFS providers, as well as bulk users of DFS in some cases. This phase focused on testing and adapting the programme, which was based on UNCDF’s Pacic Financial Inclusion Programme (PFIP), and raising funds for full-scale implementations.The outcome of this phase was a shift in focus from a primarily grant-led programme with a policy component, to a market development approach focused on building the overall DFS ecosystem.