Procurement Summary
Country : Mexico
Summary : Fostering the Financial Inclusion of Forcibly Displaced People (FDP)
Deadline : 25 Mar 2024
Other Information
Notice Type : Tender
TOT Ref.No.: 98572270
Document Ref. No. : 0002007548
Competition : ICB
Financier : Other Funding Agencies
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
Purchaser : THE WORLD BANK GROUP
Insurgentes Sur No. 1605, Piso 24 Col. San José Insurgentes, México 03900, D. F.
Tel: +525-55480-4200
Mexico
Email :corporateprocurement@worldbank.org
Tender Details
Expression of Interest are invited for Fostering the Financial Inclusion of Forcibly Displaced People (FDP) in Mexico
TERMS OF REFERENCE (TOR)
For a consulting firm to undertake a market and context study
Fostering the Financial Inclusion of Forcibly Displaced People (FDP) in Mexico
The selected consulting firm should assess the following aspects:
1. Segment Analysis and assessment of Market Potential:
a. Determine the potential market size, and financial customer profiles of FDP through primary data gathering and analysis of secondary sources (government entities, UN agencies, civil society, others). Include aspects related, but not limited to: i) age, ii) gender, iii) level of studies, iv) country of origin, v) migratory status, vi) employment status, vii) formality/informality, viii) income generating activities, ix)) asset availability, x) consumer protection and financial literacy/capabilities, xi) geographic concentration, mobility & settlement status, xii) mobile phone/internet penetration, xiii) social capital/networks, and xiv) main current financial sources, among others.
b. Quantify the demand for financial and non-financial services, and unmet financial needs of the country-s FDP for both individuals and FDP owned MSMEs[7], providing a deeper understanding and focus on women FDP (individuals and business owners). Identify differences in demand (if any) between male and female population for businesses and individuals.
c. In addition, identify and classify different FDP financial needs (cash transfers, savings, personal/productive loans, home improvement loans, insurance, remittances, among others) and create a prioritization map of financial needs / wants at each phase in mid-integration (i.e., 6 months to 1 year, over 1 year, over 2-3 years, as relevant) as well as non-financial needs (entrepreneurship, financial management/literacy, business networks, regulation compliance, among others) to assess the demand and figures for each service across the FDP population.
d. Determine FDP segments with the highest business potential for financial services providers. Construct different kind of segments- archetypes that can provide a clear understanding of segments- profiles, needs, aspirations, preferences, and pain points, for financial services providers to explore potential tailored value propositions.
Documents
Tender Notice