Consultative Group to Assist the Poor (CGAP)
Unverified non-profit organisation
Consultative Group to Assist the Poor (CGAP) is a consortium of 29 bilateral and multilateral donor agencies who support microfinance. CGAP’s mission is to improve the capacity of microfinance institutions to deliver flexible, high-quality financial services to the very poor on a sustainable basis.
Microfinance offers poor people access to basic financial services such as loans, savings, money transfer services and microinsurance. People living in poverty, like everyone else, need a diverse range of financial services to run their businesses, build assets, smooth consumption, and manage risks.