CGAP's Information Systems (IS) Fund was launched in 2004 to co-finance IS related assignments for micro-finance institutions (MFIs). Many institutions require professional expertise to help them analyze their business and technology needs, select a software package, or improve their existing information systems. Hiring an independent consultant to carry out a well defined project can yield many benefits, particularly in helping an MFI articulate their technology plans.

MFIs may apply for two rounds of funding, a maximum of $15,000 can be granted in the first application and $10,000 in the second application. All applicants must expect to contribute 40% of the assignment costs from their own resources. Click here for information on how to apply.

The IS Fund also seeks to make information about these consulting engagements public, to help other MFIs seeking guidance and to encourage donors and investors to help fund further technology expenses. After each engagement, the IS consultant is required to write a Summary Engagement Report, which is published on this website. MFIs may review these reports to evaluate the quality of the consultant's work and to learn how the MFI client is approaching its technology project. Click here to view the list of MFI summary engagement reports.