Social Performance Task ForceStatus: Approved investment
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Who is our customer
The Social Performance Task Force (SPTF) and Cerise is a non-profit membership organisation with more than 4,800 members from all over the world.
What is our funding objective?
Through this project FMO would support SPTF/Cerise to identify and incorporate new client protection risks coming from digitisation of financial services, as part of the ongoing work with the Responsible Digital Financial Services Standards Working Group; update client protection-related tools and quality control; train experts on latest client protection best practices; and maintain IT Maintenance & improve communications with industry players.
Why do we fund this investment?
This project would contribute to making sure that vulnerable low-income clients are not exploited, and that financial products and services in developing economies help create better lives.
- Financial Institutions
- Publication date
- Effective date
- Total FMO financing
- EUR 0.20 MLN