Alliance for Financial Inclusion

The Alliance for Financial Inclusion (AFI) is a network of financial inclusion policymakers.

AFI's core mission is to encourage the adoption of inclusive financial policies in developing nations, to lift 2.5 billion citizens out of poverty. AFI was founded in 2008 as a Bill & Melinda Gates Foundation-funded project, supported by AusAid, in order to advance the development of smart financial inclusion policy in developing and emerging countries. AFI's network has more than 100 institutions from more than 89 member nations.

AFI utilizes a peer-to-peer learning model to connect, encourage and enable financial policymakers to interact and exchange knowledge on policy initiatives such as consumer protection, mobile financial services, financial integrity, agent banking, formalizing microsavings, data and measurement, and general financial inclusion. AFI has pioneered regional approaches to knowledge exchange among policymakers and stakeholders worldwide, notably within the Pacific Islands, Africa and Latin America. This information interchange is intended to result in the building of a more comprehensive knowledge base on financial inclusion, and the subsequent formulation and implementation of effective policy by members in their home countries. AFI administers several types of financial inclusion policy related activities, including a membership program, the convening of working groups, the provision of grants, and a Policy Champions Program. It also hosts the annual AFI Global Policy Forum (GPF), the most important and most comprehensive forum for regulatory institutions with an interest in promoting financial inclusion policy, and championed the Maya Declaration, the first global and measurable set of financial inclusion commitments by developing and emerging country governments.

AFI is headquartered in Kuala Lumpur, Malaysia. The Executive Director is Alfred Hannig of Germany, who has held the post since 2008. The organization is financed by the Bill & Melinda Gates Foundation and administered on behalf of its members by the German Technical Corporation and is based in Thailand. The organization has three working languages: English, French and Spanish.

The Alliance for Financial Inclusion was founded in 2008 as a Bill & Melinda Gates Foundation-funded project to advance the development of smart financial inclusion policies in developing and emerging countries. Bank Indonesia (BI), Bank of Thailand (BOT), Central Bank of Kenya (CBK), Bangko Sentral ng Pilipinas (BSP), Superintendencia de Banca, Seguros (SBS) y AFP de Peru and Comisión Nacional Bancaria y de Valores (CNBV) of Mexico comprised the core group of six members.

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