Enhancing Access to Financial Services Annual Review Report
Enhancing Access to Financial Services (EAFS) is run under the initiative of the Central Bank of Nepal. The project is supported by the United Nations Capital Development Fund (UNCDF) and the United Nations Development Program (UNDP). The project aims to expand access to 330,000 poor people of Nepal who have previously got no banking facilities.
This report presents EAFS’ key activities and achievements in 2010 and 2011 and is divided into five sections. The first section of the report provides a general overview of the Nepalese context; section two examines the role of microfinance in Nepal, while section three summarizes EAFS approach and key achievements in 2010-2011. Section four outlines the achievements and strategies of the EAFS project in expanding financial access through geographic inclusion. Finally, section five outlines the focus areas of the EAFS project for 2012.