At STANDARD ONLINE Finance Company, Our Rural Finance has had an enormous impact on rural & urban development. Groundbreaking institutions and models have emerged that are expanding financial services in new directions, using technology and innovations to serve more clients in increasingly remote communities, and offering them an ever-wider range of supports.
But even with these dramatic gains, the vast majority of poor men and women still do not have reliable, secure ways to save money, protect and build assets, or transfer funds. In fact, the most basic formal financial services reach only ten per cent of rural communities.
Increasing access to financial services brings many challenges, including weak infrastructure, the limited capacity of financial service providers and low levels of client education. In a changing global economy and in the context of financial crises, volatile food and agricultural commodity prices, and the perils of climate change, rural finance is central to our work. As of December, STANDARD ONLINE Finance Company ongoing investments in rural finance were approximately USD 6. 9 Million.
STANDARD ONLINE Finance Company recognizes vast potential to improve the livelihoods of rural people by developing by increasing their access to a wide range of financial services and sound institutions. With vast experience and as one of the leading rural finance funders worldwide, STANDARD ONLINE Finance Company has the knowledge and partners to make significant strides in rural finance.