Dalberg evaluate FMO’s investment in Accion Frontier Investment Fund (AFIF) at three levels: FMO's investment in AFIF, AFIF's investment into portfolio companies, and the portfolio companies' impact on small businesses.
Dalberg analyzed the landscape of fintech innovations in Mexico, South Africa and India, interviewed key stakeholders to distil key learning, and undertook a quantitative and qualitative survey of end users.
The evaluation will be used by FMO to inform its fintech strategy going forward and to share learnings and impact with the broader audience.