This tender closed on 29 Sept 2026. The page stays up for reference. See open tenders from UNCDF - SIERRA LEONE.
Digitization of Village Savings & Loan Associations (VSLAs)Closed
Summary
AI-generated from the tender documents.
Overview
The procurement seeks a vendor to design and implement a scalable digital solution to digitize VSLA operations and enable linkage of members to formal financial institutions and digital financial services. The solution should digitize core VSLA functions (member registration, savings, loans, meeting records, share outs, group accounting, digital receipts), provide low-cost member interfaces (USSD, IVR, feature-phone app, smartphone app, agent-assisted options), support KYC-light onboarding aligned with national regulation, enable interoperability with mobile money operators and payment rails, and pilot viable business models for FIs/FinTechs. It should strengthen data privacy and consumer protection and build capacity of VSLA members and local agents to scale.
Requirements
- Proven experience digitizing savings groups/VSLA or microfinance operations.
- Ability to design multi-channel member interfaces including USSD, IVR, feature-phone app, smartphone app, and agent-assisted options.
- Demonstrated capability to implement KYC-light onboarding in line with regulation and risk-based principles.
- Ability to enable interoperability with mobile money operators, payments rails, and connections to formal financial institutions.
- Strong focus on data privacy and consumer protection with risk controls for fraud and over-indebtedness.
- Capacity-building, training, and documentation of lessons to inform scale-up.
How to Apply
- Submission deadline: 2026-09-29 03:59. Submissions and bid documents are available on the UNDP Quantum portal.
- Submission method: Submit responses via the UNDP Quantum portal (as per portal guidance).
- Documents to complete and submit: RFP response including technical and financial proposals per portal guidelines.
- Where to obtain bid documents: UNDP Quantum portal.
- Contacts for queries: uncdf.procurement@uncdf.org.
Digitization of Village Savings & Loan Associations (VSLAs) The overall objective is to design and implement a scalable, secure, and user-centric digital solution to digitize VSLA operations and enable linkage of VSLA members (smallholder farmers) to formal financial institutions and appropriate digital financial services i.e by ensuring the VSLAs onboarded onto the Fintech digital platform ultimately open up accounts and transact with a registered formal financial institution. • Digitize core VSLA functions (e.g member registration, savings, loans, meeting records, share outs, group level accounting, digital receipts). • Provide low-cost, accessible member interfaces (e.g USSD, IVR, feature-phone app, smartphone app, agent-assisted options). • Integrate KYC-light onboarding processes aligned with national regulation and proportional risk principles to enable onward linkages. • Enable interoperability with existing mobile money operators, payments rails and interested Financial Institutions. • Pilot and operationalize business models that demonstrate financial viability for FIs/FinTechs and affordability for VSLA members. .Strengthen data privacy and consumer protection, and implement measures to mitigate risks (fraud, over-indebtedness). • Build capacity of VSLA members and local agents; document lessons and prepare scale-up roadmap. Search for the specific tender using search filters and subscribe to the tender in order to get notifications in case of amendments of the tender document. If you need support with the online system, you can contact the contact details of this tender as indicated in the solicitation document. UNCDF PROCUREMENT UNIT Documents available on UNDP Quantum portal: https://undp.sharepoint.com/sites/Docs-Public/Procurement/Forms/AllItems.aspx?env=Embedded&isAscending=false&FilterType1=Text&sortField=Modified&FilterField1=NegotiationNumber&FilterValue1=UNCDF-00696
Want tenders like this one in your inbox?
Create a free account to search every open tender and download the documents.