Deadline: 11-Mar-22
The United Nations Capital Development Fund (UNCDF) has announced the applications for Measuring Financial Health to build tools for the public good.
Objectives
- First, create a common financial health index to measure financial health of individuals and households in three countries and other markets. In case the research culminates in different national financial health index for each country, create a set of core financial health indicators that are comparable across countries.
- Second, use survey data and financial health index(es) and or indicators on the survey data to diagnose financial health in target countries at national and sub-national level and for key variables including gender, age, income, (financial) education, location, occupation, and financial inclusion.
- Third, understand the drivers of financial health in the context of different countries, and financial health linkages with key SDGs, overall wellbeing, and financial sector and growth stability.
Purpose and Scope
- The purpose of RFA is to appoint one institution for developing financial health measurement tools and insights for three countries. In this regard, UNCDF invite partnership with universities and research firms to contribute towards the goal of setting financial health measurement tools that shall enable governments, financial service providers (FSPs), businesses, development agencies and other interested stakeholders to measure, track, and take actions to improve financial health of individuals and households.
- The scope of this RFA is limited to financial health research including research design, drafting financial health questionnaires in English, survey design, and undertaking data analyses and reporting. UNCDF will work with the selected research partner to appoint survey agencies for undertaking national financial health surveys in the target markets.
Funding Information
The selected applicant will sign a Performance-Based Agreement (PBA) with UNCDF. UNCDF will provide the applicant a maximum grant of USD 120,000 and a maximum proportion of 75% of the total cost to implement the project. The selected applicant is encouraged to share at least 25% of the total project (for costs such as technical resources, staff, and operational expenses).
Eligible Activities
The selected applicant(s) will be responsible to carry out the following activities:
- Assist with setting up a global financial health steering committee
- Undertake research to develop index(es), and a set of core indicators, for measuring financial health in three countries
- Develop a financial health module, with country-specific customization
- Co-author, with UNCDF, country-specific technical reports on measuring financial health
Eligibility Criteria
- The applicant/lead applicant must be a registered organization (includes for-profit firms, universities, think tanks and non-profit organizations)
- The applicant/lead applicant having local presence in target countries including Malaysia, India is preferable but not mandatory.
- Applicants may apply independently or in a consortium.
- The applicant/lead applicant must have been in operations for at least one year and must be able to furnish statutory accounts and audited financial statements for at least one year.
- Applicants shall not have been the subject of bankruptcy, liquidation, judicial settlement, safeguarding, and cessation of activity or any other analogous situation resulting from a similar procedure.
- Applicants, any of their staff members or their board of directors shall not be included in the United Nations financial sanctions lists 22, particularly in the fight against the financing of terrorism and against attacks on international peace and security.
- Applicants must not be involved in any of the following activities(cite) :
- Manufacture, sale or distribution of controversial weapons or their components, including cluster bombs, anti-personnel mines, biological or chemical weapons, and nuclear weapons.
- Manufacture, sale, or distribution of armaments and/or weapons or their components, including military supplies and equipment. Replica weapons marketed to children.
- Manufacture, sale or distribution of tobacco or tobacco products.
- Involvement in the manufacture, sale, and distribution of pornography.
- Manufacture, sale, or distribution of substances subject to international bans or phaseouts, or wildlife or products regulated under the CITES.
- Gambling, including casinos, betting, etc. (excluding lotteries with charitable objectives).
- Violation of human rights or complicity in human rights violations.
- Use or toleration of forced or compulsory labour.
- Use or toleration of child labour.
- Applicants shall have fulfilled all the obligations relating to the payment of social security contributions or obligations relating to the payment of taxes in accordance with legal provisions in force in the country of incorporation.
For more information, visit https://www.uncdf.org/article/7430/rfa-measuring-financial-health