African Lady paying at a tomato stand

Learn more about responsAbility and

Financial Inclusion

What is Financial Inclusion?

Financial Inclusion aims to provide access to finance to the more than 1.7 billion people in developing countries who remain unbanked. In addition, more than 200 million MSMEs (micro, small and medium sized enterprises) in these economies are thought to be underserved, leading to a financing gap of about USD 2 trillion (source: IFC). Investments in this sector provide access to capital along with secondary effects, including local employment, reduction of poverty, women‘s empowerment, improvements in education, health and sanitation.

FinTech, from mobile money to branchless banking, is technology that is revolutionizing how clients access banking and credit. Financial Institutions can also increase their efficiency, improve access in remote regions, and serve clients at lower cost. Through digital growth, we are also improving remote access to a range of markets beyond financial services.

Microfinance means providing loans, on average around USD 900, to self-employed, household-based entrepreneurs. The majority of clients are women who run retail stores, produce handcrafted goods, or are street vendors, farmers, food processors, or traders.

SME Finance means providing loans to small and medium enterprises with 10 to 300 employees. This serves a wide variety of service and agricultural sectors, as well as small-scale industrial and manufacturing. This group is often referred to as "the missing middle". 

Why invest in Financial Inclusion in Emerging Markets?

Funding Demand (USD)

5.2 trillion

IFC estimates that 65 million Micro & SME businesses are in need of USD 5.2 trillion of funding every year.

Filling the gap

1.4 billion

High demand for financial services. 1.4 billion adults remain without access to financial services today.

Empowering progress


Financial inclusion has been identified as an important enabler for 7 of the 17 Sustainable Development Goals.

Financial Inclusion in the News

Watch how Fintech is crucial for Financial Inclusion

Please activate all cookies to play videos.

Our Financial Inclusion Team

Private Debt

Jaskirat Chadha

Head of Financial Inclusion Debt Link to full profile

Benoit Bouet

Head of Financial Institutions Debt ECA MENA Link to full profile

Sharad Venugopal

Head of Financial Institutions Debt Asia Pacific Link to full profile

Michael Fabbroni

Head of Financial Institutions Debt Africa & Country Director Kenya Link to full profile

Enrique Hurtado

Head of Financial Institutions Debt LATAM Link to full profile

Private Equity

Volodymyr Tsapko

Head of Financial Inclusion Equity Link to full profile

Dmytro Koba

Principal, Financial Inclusion Private Equity Linkedin

Henning Haugerudbraten

Principal / Country Director Thailand Link to full profile

Contact responsAbility

Interested in Financial Inclusion?

Read our latest Financial Inclusion articles

responsAbility Logo

Connect with us


Postal address


responsAbility Investments AG
Zollstrasse 17
8005 Zurich
CNC logo
IA logo