The SEGIR Financial Sector II Indefinite Quantity Contract (IQC) fosters economic growth and poverty alleviation through improved financial intermediation. This IQC recognizes that an efficient financial sector collects savings and allocates those savings to support expansion of the most productive economic activities. SEGIR Financial Sector II seeks to enhance the efficiency of developing country financial sectors and enable them to generate sufficient resources to fund cost-effective government services, such as adequate education and health care.
ACDI/VOCA, as part of a BankWorld-led consortium, plays a lead role in activities pertaining to rural and microfinance. This IQC builds on ACDI/VOCA’s extensive experience in the financial sector. For more than four decades, we have provided financial services to enterprises and households, and worked with local institutions to expand outreach, increase scale and achieve sustainability. In our financial sector programs, we reduce the cost and increase the efficiency of financial intermediation for micro, small and medium-sized enterprises. ACDI/VOCA is highly regarded in this practice area because we are committed to sound industry practices, transparent operations and customer respect.