Deadline: 5 June 2017
The MasterCard Foundation is seeking applications for its Clients at the Centre Prize 2017 in order to provide applicants a platform where they can demonstrate their client-centric practices and share their successes and experiences through practical, ‘real world’ examples.
The prize recognizes a financial services provider that puts “clients at the centre” of its thinking and operations for the benefit of poor people in developing countries.
The Prize consists of a US$150,000 award to expand or reinforce client-centric practices within the winning organization.
- how organisations meet and deepen customer experience
- how they translate that into financial services and products that are focused on and incorporate the unmet needs of the clients
- how business models evolve in order to deliver those products and services in a sustainable manner
- The Prize is open to registered organisations operating anywhere in the world that provide financial products and services to low-income populations in developing countries.
- The following points further clarify eligibility:
- Eligible organisations must provide access to financial products and services, such as loans, savings, insurance, etc. The organisations could include: direct providers such as banks, microfinance institutions, and cooperatives, mobile network operators, as well as indirect providers such as leasing companies, agricultural input suppliers, and technology companies who offer innovative solutions to direct providers. In applications from this latter type of organisation, the partner(s) (i.e. a direct provider of financial services) must also be included in the application.
- Applicants must demonstrate a tangible impact on low-income populations that can be measured and reported.
- Applicants do not need to be registered or incorporated in one of the listed developing countries, but they must already operate and serve low-income populations in one of those countries. The application to the Prize must also describe how the organisation focuses its operations in these countries.
- Applications that target poor communities in developed countries are not eligible.
- Only organisations, not individuals, are eligible to apply for the Prize. Government ministries, departments or agencies are not eligible to apply for the Prize.
- Applicant organisations that entered past years of the Prize are eligible to enter again. In addition, partners of The MasterCard Foundation are eligible to apply for the Prize.
How to Apply
Interested applicants must apply online via given website.
Eligible Countries: Afghanistan, Albania, Algeria, Angola, Armenia, Azerbaijan, Bangladesh, Belarus, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Central African Republic, Chad, China, Colombia, Comoros, Congo, Democratic Republic, Congo, Republic of, Costa Rica, Côte d’Ivoire, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Ethiopia, Fiji, Gabon, Gambia, Georgia, Ghana, Grenada, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, India, Indonesia, Iran, Iraq, Jamaica, Jordan, Kazakhstan, Kenya, Kiribati, Kosovo, Kyrgyzstan, Lao PDR, Lebanon, Lesotho, Liberia, Libya, Macedonia, FYR, Madagascar, Malawi, Malaysia, Maldives, Mali, Marshall Islands, Mauritania, Mauritius, Mexico, Micronesia, Moldova, Mongolia, Montenegro, Morocco, Mozambique, Myanmar, Namibia, Nepal, Nicaragua, Niger, Nigeria, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Romania, Rwanda, Saint Lucia, Saint Vincent and the Grenadines, Samoa, São Tomé and Príncipe, Senegal, Serbia, Seychelles, Sierra Leone, Solomon Islands, South Africa, South Sudan, Sri Lanka, Sudan, Suriname, Swaziland, Syria, Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tonga, Tunisia, Turkey, Turkmenistan, Tuvalu, Uganda, Ukraine, Uzbekistan, Vanuatu, Vietnam, Yemen, Zambia, Zimbabwe.
For more information, please visit Clients at the Centre Prize