Call for Expression of Interest - SHIFT Challenge Fund Facility Opens Third Window: Remittances

Call for Expression of Interest - SHIFT Challenge Fund Facility Opens Third Window: Remittances

April 07 , 2017
Bangkok, Thailand - 

The third window of the Challenge Fund titled “Linking remittances as a catalyst for financial inclusion and women’s economic empowerment” will award matching grants to projects offering either an innovative business model or scaling-up of an existing business model for international remittance service delivery for women in Cambodia, Lao PDR, Myanmar and Viet Nam. 

The SHIFT Challenge Fund Facility invites financial institutions, non-bank financial institutions, micro-finance institutions, money transfer operators, mobile network operators, mobile financial service providers and FinTechs to submit an Expression of Interest between April 7 and June 9, 2017. Following a transparent and competitive selection process, the Challenge Fund will award the best proposals with matching grants from US$100,000 to US$300,000 covering no more than 50 per cent of the project’s total costs.

Information Workshops will be organised to provide a presentation on the Challenge Fund Third Window and clarify questions pertaining to the Expression of Interest (EOI) preparation and submission. The schedule of the Information Workshops will take place as follows:

Date Time Venue Location
20 April 2017 9:00am-12:00pm United Nations Development Programme, Lane Xang Avenue Vientiane, Lao PDR
21 April 2017 2:30pm-4:30pm UNCDF, UNESCAP Building, 76 Rajadamnern Nok, Bangkok Bangkok, Thailand
26 April 2017 13:00-15:00 LAD Conference Room, B5 UNDP Office; Location: 53 Pasteur Street, Boeung Keng Kang I Phnom Penh, Cambodia
15 May 2017 3pm to 6.30pm Looking Glass”, Level 11, Monetary Authority of Singapore, 10 Shenton Way, MAS Building, Singapore 079117.
f you are interested in attending, please RSVP at
Singapore, Singapore
4 May 2017 2:00pm-4:30pm Park Royal. Please confirm your attendance by sending an email to Yangon, Myanmar
9 May 2017 2:00pm-4:30pm Lane Meeting Room C1 UN House, 304 Kim Ma Hanoi, Viet Nam

APPLY NOW: Third Window Expression of Interest Application Form.
For more information, download the Third Window Information Note for Applicants.

Submission Deadline: Friday, June 9, 2017, at 23:59 (EST)

Please submit your completed application form to the following email addresses: and Please mention in the email subject line: "Confirm Interest in submitting EOI – SHIFT Third Window"


UNCDF is the UN’s capital investment agency for the world’s 48 least developed countries (LDCs). With its capital mandate and instruments, UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development. This last mile is where available resources for development are scarcest; where market failures are most pronounced; and where benefits from national growth tend to leave people excluded.  


Shaping Inclusive Finance Transformations (SHIFT) advances women’s economic empowerment by unlocking financial markets, and integrating women-centric strategies in growing inclusive enterprises. SHIFT uses innovative financing mechanisms to extend investments in last-mile financial infrastructure. Fundamentally, SHIFT catalyses innovative partnerships across financial, policy, data and training markets to accelerate. 


Now Available for Download: 

Expression of Interest Application Form 

Application Deadline:
Friday, 9 June 2017 at 23:59 (EST)

For more information, please contact
Fakhrul Islam
Fund Facility Coordinator, SHIFT and CleanStart Programmes