SAFAL (Sustainable Access to Finance and Livelihoods in Nepal)

 

Background

Access to diverse financial products and services is an indispensable component of successful participation in a market economy. Out of 27 million total population, 13 million people lack access to basic formal financial services - a figure steadily improving.
 
The Blueberry Hill Charitable Trust, with financial support of UK aid through DFID (Department for International Development) is implementing SAFAL project in six districts of Nepal for two years - August 2013 to July 2015, with a budget of GBP 1,000,000. SAFAL provides sustainable increase in income and access to finance opportunities to more than 28,000 people (60% women) living in Nepal's hill and mountain communities. The project brings about a systemic transformation in the delivery and access to financial services.
 
SAFAL is implemented through a consortium comprised of The Blueberry Hill Charitable Trust and Mercy Corps Nepal, funded by UK aid through DFID. The Blueberry Hill Charitable Trust will implement project activities in Ilam, Panchthar, Doti, Achham, Bajura, and Dadeldhura districts; and Mercy Corps will implement project activities in Taplejung, Bhojpur, Sankhuwasabha, Tehrathum, Banke, Jumla, Rukum, Kalikot, Bajhang, Kanchanpur, and Baitadi for a combined total budget of GBP 2,200,000.
 
 

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