• Organization TypeFunding Agencies
  • Development Budget100 Million - 500 Million
  • HeadquartersUnited States

United Nations Capital Development Fund (UNCDF)

The United Nations Capital Development Fund (UNCDF) makes investments in the Least Developed Countries (LDCs). Established in 1966 as a special purpose fund of the United Nations, UNCDF now concentrates its investments in two areas: local development and microfinance. UNCDF is affiliated with the United Nations Development Programme (UNDP) and works closely with UNDP in every country where UNCDF invests. UNCDF also works closely with other UN agencies and with a wide variety of development partners, including multi-lateral and bi-lateral agencies and national governments. UNCDF is funded primarily by voluntary contributions from member states of the UN and through co-financing from governments and multi-lateral and bi-lateral organizations. UNCDF is committed to results-based management that combines quality programming with financially sound management. UNCDF produces concrete results through programmes that pilot innovative approaches to local development and microfinance for replication on a larger scale. The United Nations Capital Development Fund (UNCDF) offers a unique combination of investment capital, capacity building and technical advisory services to promote microfinance and local development in the Least Developed Countries (LDCs). UNCDF's investment capital is flexible, high-risk and innovative. It is channeled primarily to poor rural areas in the LDCs where poverty reduction, capacity and governance challenges are typically the greatest. UNCDF currently invests in 38 LDCs with a total programme portfolio amounting to approximately US$200 million. Through its programmes, UNCDF strives to contribute to the attainment of the Millennium Development Goals (MDGs) and to the implementation of the Brussels Programme of Action for LDCs in a direct, concrete and measurable way. UNCDF is actively contributing to the achievement of the Millennium Development Goals in 38 of the 49 Least Developed Countries:  • Afghanistan • Congo, DR • Madagascar  • Sierra Leone  • Angola • Eritrea  • Malawi  • Solomon Islands  • Bangladesh  • Ethiopia  • Mali  • Somalia • Benin  • Gambia • Mauritania • Sudan  • Bhutan  • Guinea  • Mozambique  • Tanzania  • Burkina Faso  • Guinea Bissau  • Nepal • Timor-Leste  • Burundi  • Haiti • Niger • Togo  • Cambodia  • Laos • Pacific Islands • Uganda  • Central African Republic • Lesotho • Rwanda  • Yemen  • Comoros  • Liberia • Senegal  • Zambia    UNCDF also has extensive programmes in two non-LDC countries:  • Nicaragua • Viet Nam As part of its technical advisory role to the UN Development Programme in the area of Microfinance, UNCDF has supported MicroStart programmes in the following non-LDC countries:  • Côte d'Ivoire  • Mongolia • Egypt  • Morocco • Ghana  • Nigeria  • Guatemala • Pakistan  • Kenya • Philippines • Mexico    Microfinance: UNCDF concentrates its microfinance programmes on building inclusive financial sectors in the LDCs. The aim is to improve access by poor households and micro and small enterprises to the full range of financial services — including savings, credit, mortgages, insurance, pensions, payments, local money transfers, international remittances, leasing and factoring. Financial sector development programmes are designed to create enabling environments for a variety of retail Financial Service Providers (FSPs). FSPs include commercial banks, non-banking financial institutions (NBFIs), microfinance institutions (MFIs), credit unions, cooperatives, insurance providers, money transfer companies, mobile network operators [MNOs] and other institutions providing financial services. UNCDF thematic initiatives to financial inclusion: Since 2007, UNCDF has developed four main thematic initiatives. The "MicroLead" Facility of USD 26 million (of which USD 19.97 million are funded by the Bill & Melinda Gates foundation) is helping leading microfinance institutions and financial service providers from the South to expand their operations in LDCs.  UNCDF is also promoting access to remittance services for the poor through its participation to the IFAD-managed USD 13 millions multi-donor Funding Facility for Remittances (FFR).  UNCDF is finally promoting through a joint program with ILO a sector-based approach for the promotion of micro-insurance services. The first pilot countries where this approach was tested are Ethiopia, Zambia and Kenya, to be followed by other countries in Africa and Asia. YouthStart focuses on African youth, ages 12 to 24, who make up about one-quarter of the population of Sub-Saharan Africa.The MasterCard Foundation is partnering with UNCDF to help MFIs design and deliver high quality financial services for the growing youth market. Through a competitive process, it will select between 8 and 10 MFIs to receive technical assistance to innovate, deliver and document financial services to youth ages. Other thematic global initiatives focused on Clean Energy, Branchless Banking and Savings Groups are scheduled for launch in 2011. Local Development: Local authorities can play a major role in this effort by ensuring more effective and accountable local infrastructure and service delivery for the poor and by improving the dialogue among the state, citizens, their communities and the private sector. By building local capacity, promoting institutional reform and policy change, and providing grant-funded investment capital, UNCDF assists local authorities to fulfill this potential. UNCDF's Local Development Programmes (LDPs) introduce participatory planning and budgeting systems at the local level. These programmes seek to ensure a voice for women and other disadvantaged groups in local public decision-making. The programmes also work within, and support, the national system of central-local government institutional and fiscal relations. Within its Local Development Practice Area, UNCDF currently invests in 23 LDCs with a strong focus on Africa and plans to expand its portfolio to 40 LDCs in the next five years. In 2005, UNCDF supported 493 local authorities and assisted these authorities in making 2,779 investments. Activities: 1. Supporting Local Development Programmes 2. Distilling and disseminating policy lessons 3. Providing technical advisory services    Local Economic Development: UNCDF has recently launched programmes pioneering an innovative approach to pro-poor local economic development (LED). This approach emphasizes the importance and leadership of local authorities in encouraging and supporting local entrepreneurship and local enterprise creation.
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Careers

9Current jobs
354Total posted jobs

Job openings over the past year

Examples of past jobs

  • Financial and Digital Inclusion Consultant
    Laos
  • Individual Consultancy: Financial Literacy Resource Development
    Myanmar, Myanmar, Myanmar, Myanmar, Myanmar, Myanmar, Myanmar
  • Financial Feasibility Pre-Assessment
    Thailand, Thailand
  • Financial Service Provider Consultant
    Rwanda

Staff at United Nations Capital Development Fund (UNCDF) have experience in

Sectors

  • development
  • personnel / human resources
  • trade customs
  • financial services
  • finance

Funders

  • goal global

Countries

  • pakistan
  • bangladesh
  • ethiopia
  • lebanon
  • kenya

Skills

  • managerial experience
  • business development
  • experience in recruitment
  • international experience
  • with experience in conflict areas

Experience

Primary sectors

Local Government
Public Administration
Monitoring / Evaluation
Procurement Process
Architecture / Design
Financial Services
Personnel / Human Resources
Climate Change
Banking & Finance Budgeting
Performance Measurement

Contract Awards

Contact United Nations Capital Development Fund (UNCDF)

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  • Magnus Magnusson
    Business Development and External Relations Advisor
    Primary Contact
    +1.646.696.9109
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Company Offices

  • United States (headquarters)
  • New York
  • UNCDF, Two UN Plaza, 26th Floor