Within the initiative, a call for proposals will be opened. At least 8 initiatives will be selected to be supported for a period up to three years. These will be targeted mainly to social innovators and leaders in the field of aging such as foundations, social entities or startups that promote financial inclusion, as well as financial intermediaries from Latin America and the Caribbean, including microfinance institutions, banks, savings cooperatives and fintechs.
Expandable on the WSBI Social and Philanthropic Council
This collaboration is expected to be extended to other members of the World Savings and Retail Banking Institute (WSBI) through the recently created Social and Philanthropic Council, chaired by Isidro Fainé, chairman of ”la Caixa” Foundation. Helmut Schleweis, former president of the Association of German Savings Banks (Sparkassen) and chairman of the board of trustees of DSIK, is the honorary chairman of this Council.