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Analyzing a Country Situation
DFID’s challenge funds – FDCF
£ Millions, number

Basic Portfolio Indicators:

  • FDCF Total Funds Committed: £15,000,000
  • Total Portfolio Size: £71,213,206
  • Private sector contributions: £56,222,561

Examples of Projects:
DFCU Leasing Uganda: Small Lease Purchase Program

  • FDCF funding: £1,000,000 (49%); DFCU £1,040,000 (51%)
  • Project offers leases (for equipment) to SMEs that have no access to affordable financing
  • Targets established to finance at least a thousand firms over 3 years – 20% owned by women, up to 30% based in rural areas

Equity Building Society Kenya: Mobile Banking

  • FDCF funding: £277,550 (62%); EBS £172,600 (38%)
  • Project providing mobile banking units that travel to approximately 20 small villages in most isolated parts of Kenya
Source: DFID websites, documents, Dalberg Analysis