MetLife Foundation's Annual Report on Financial Inclusion - Pillar 3: Access to Insights
Investing in research and sharing what we learn with the financial inclusion community and beyond.
MetLife Foundation: Financial Inclusion / Into Action
The Bankable Frontier Associates (BFA) Optimizing Performance Through Improved cross(X)-sell (OPTIX) project works with socially-driven financial service providers who can provide the full range of services low-income people need, not just credit. These institutions seek to meet their clients’ complete financial needs, and they also recognize that cross-selling financial products improves their own institutional sustainability.
The OPTIX partners (Cooperative Acreimex in Mexico; Banco WWB in Colombia; SAJIDA Foundation in Bangladesh; and Capital Aid Fund for Employment of the Poor [CEP] in Vietnam) will share learning with each other and with the industry as they work to serve their combined 700,000 low-income clients with more and better financial services. One of the project’s strengths is the market diversity. The four OPTIX countries contain significant differences in culture, financial services penetration, and regulatory policies, providing multiple perspectives that will benefit both the individual OPTIX partners and the broader financial inclusion community.
To read more about MetLife Foundation's work in financial inclusion, please see our 2014 Annual Report at https://www.metlife.com/assets/cao/foundation/MetLife-Foundation-2014-Report.pdf