| MasterCard Foundation’s Fund for Rural Prosperity aims to facilitate increased financial access for people living in rural and agricultural areas of Africa. The Fund for Rural Prosperity will support ideas from institutions looking to deliver a financial service, product, or process to the rural poor in eligible African countries. Projects may be proposed by a single institution or by a partnership, which could include NGOs. However, the proposal must be submitted by one company acting as the lead organization. Applications to the Innovation Competition should request support between US$250 thousand and US$1 million. For the scaling competition, applications should request between US$750 thousand and US$2.5 million. The deadline for submissions is 28 March 2016. |
