Mozambique: Financial Inclusion and Stability Project

The objective of the Financial Inclusion and Stability Project for Mozambique is to increase financial inclusion among underserved groups and MSMEs, while strengthening the overall financial safety net. There are three components to the project, the first component being increasing usage of transaction accounts and access to finance for MSMEs. The objective of this component is to support increased usage of transaction accounts (bank or mobile money accounts) in remote and underserved areas. he second component is the strengthening financial safety net. This component includes two subcomponents: deposit insurance capitalization and upgrading supervisory technology and deepening capital markets. Finally, the third component is the project management, monitoring and evaluation.