Evaluation of Financial Sector Deepening Trust Strategy 2016 - 2020
The Financial Sector Deepening Trust (FSDT) was incorporated in Tanzania on 1 July 2004. The Trust is currently funded by Global Affairs Canada (GAC), Embassy of Denmark, Embassy of Sweden and the Bill and Melinda Gates Foundation (BMGF). FSDT is the Tanzanian arm of the pan-African FSD family; a network of nine independent FSD-entities across the continent. The overarching aim of the FSD-network is to work alongside governments, businesses, non-profit organisations, research institutions, regulators and policy makers to develop more inclusive financial systems.
The conceptual underpinning of the FSD Network is the Making Markets Work for the Poor (M4P) approach. M4P builds on a detailed understanding of market systems and a clear vision of the future to address systemic constraints and bring about large-scale, sustainable change. The FSD Network Charter, jointly prepared and signed by all FSDs in 2019 recognises ‘the value of applying market systems thinking to identify the points of leverage leading to systemic change, which benefits the real economy and the households, especially the poor and vulnerable. In this process, we (FSDs) see our main role as facilitators, not direct providers of financial services.’
The main object of the evaluation is the assessment of FSDT’s Strategic Plan of 2016-2020 – i.e. the activities, results and outcomes delivered by FSDT during that period of time.
The main purpose of this mid-term evaluation is to extract learnings from the 2016-2020 strategy period. These findings will inform decisions on how implementation may be adjusted and improved. This is of particular relevance given the 2020 - 2025 strategy period and new funding rounds. Intended users involve FSDT staff, donor partners, FSD network members, and other stakeholder groups.