Digitization of Village Savings & Loan Associations (VSLAs)

Agency: UNCDF | Reference: UNCDF-00696 | Type: Request for proposal SCOPE OF TENDERThe overall objective is to design and implement a scalable, secure, and user-centric digital solution to digitize VSLA operations and enable linkage of VSLA members (smallholder farmers) to formal financial institutions and appropriate digital financial services i.e by ensuring the VSLAs onboarded onto the Fintech digital platform ultimately open up accounts and transact with a registered formal financial institution.Specific objectives:• Digitize core VSLA functions (e.g member registration, savings, loans, meeting records, share outs, group level accounting, digital receipts).• Provide low-cost, accessible member interfaces (e.g USSD, IVR, feature-phone app, smartphone app, agent-assisted options).• Integrate KYC-light onboarding processes aligned with national regulation and proportional risk principles to enable onward linkages.• Enable interoperability with existing mobile money operators, payments rails and interested Financial Institutions.• Pilot and operationalize business models that demonstrate financial viability for FIs/FinTechs and affordability for VSLA members..Strengthen data privacy and consumer protection, and implement measures to mitigate risks (fraud, over-indebtedness).• Build capacity of VSLA members and local agents; document lessons and prepare scale-up roadmap.Please indicate whether you intend to submit a bid by creating a draft response without submitting directly in the system. This will enable the system to send notifications in case of amendments of the tender requirements. Should you require further clarifications, kindly communicate using the messaging functionality in the system. Offers must be submitted directly in the system following this link:http://supplier.quantum.partneragencies.orgusing the profile you may have in the portal. In case you have never registered before, you can register a profile using the registration link shared via the procurement notice and following the instructions in guides available in UNDP website:https://www.undp.org/procurement/business/resources-for-bidders.Do not create a new profile if you already have one. Use the forgotten password feature in case you do not remember the password or the username from previous registration.Search for the specific tender using search filters and subscribe to the tender in order to get notifications in case of amendments of the tender document. If you need support with the online system, you can contact the contact details of this tender as indicated in the solicitation document.UNCDF PROCUREMENT  UNIT CONTACT: • Email: uncdf.procurement@uncdf.org