Bridging The Market Gap - FSDT
The financial sector deepening trust fund, or FSDT, is an organization that was created in Tanzania, a
country in Eastern Africa. It is a resource that helps stimulate the creation of wealth in Africa. Its aim is
to reduce poverty and provide a vehicle for financial inclusion for men and women who live in poverty,
also known as the marginalized sector.
What FSDT Does
FSDT works as an investment fund that makes many opportunities available many in the local market
and provides the necessary funds to turn business opportunities into reality. The FSDT provides
assistance to small businesses by working with microfinancing lenders and small banks. Together they
are building a sustainable financial sector with future growth opportunities so that the marginalized
sector is not left out of opportunities for financial and social advancement.
How FSDT Accomplishes Its Goals
FSDT works with other strong financial businesses in order to offer a variety of financial goods and
services to impoverished communities. The goal of FSDT is to teach the marginalized sector of East
Africa to improve their quality of living and establish a strong foundation for financial growth in their
communities. It has been accomplishing these goals in Africa for over a decade.
Legal, political, financial, and informational obstacles keep the marginalized sector from achieving
financial inclusion in East Africa. These obstacles have created a barrier between financial institutions
and impoverished customers. FSDT created and continues to strengthen a financial market
infrastructure that meets the demands for financial services and products.
FSDT uses several financial instruments to level the financial playing field for the marginalized sector.
These instruments include loans, grants, insurance, savings accounts, access to electronic fund transfers,
and financial education. These instruments have proved successful in inspiring innovation and creativity
in the marginalize