Financial Sector Deepening III Financial Sector Deepening III Financial Sector Deepening Program (FSDK) finansieras gemensamt av flera givare och verkar i Kenya via en stiftelse, eller Trust. FSDK etablerades för att befrämja en utveckling av finanssektorn samt för öka fattiga människors tillgång till finansiella tjänster i Kenya. FSDK:s strategimål för 2016-2021 är att "åstadkomma varaktiga förbättringar av kenyanska låginkomsttagares levnadsförhållanden". I detta ingår att hitta möjligheter att skapa resiliens, hållbarhet och förbättrade levnadsförhållanden för låginkomsttagare. Det specifika målet är att "utveckla ett finansiellt system som skapar ett verkligt värde för låginkomsttagare i Kenya". Detta ska ske genom att samarbeta med marknadsaktörer i syfte att undanröja de hinder som finns för ett inkluderande system: 1. Hög kostnad; 2. otillräckligt värde; och 3. lågt förtroende. För att åstadkomma detta vill man bygga upp kapacitet hos aktörerna så att de kan arbeta för att undanröja hinder och hitta innovativa lösningar som kommer fattiga människor och företag till del. I detta ingår att: ändra spelreglerna och öka incitamenten för att gynna fattiga; förbättra effektiviteten inom branschen; samt befrämja en samsyn om finanssektorns utveckling.

Den reviderade budgeten, efter att DFID avbrutit sitt stöd till programmet Financial Inclusion, uppgår till 3,188 miljarder KES, varav 1,622 miljarder KES redan säkrats av Gates Foundation och 1,086 miljarder KES överförts från tidigare strategistöd (i januari 2017). Sverige ombeds bidra med 0,48 miljarder KES (50 MSEK). The Financial Sector Deepening (FSDK) Program  is a multi-donor programme operating in Kenya through a Trust association modality. FSDK was established to facilitate the development of the financial sector and to increase the access for poor people to financial services in Kenya. FSDK Strategy 2016-2021 goal is “to generate sustainable improvements in the lives of lower-income people in Kenya” which entail seeking opportunities which build resilience, growth and improvement in quality of life for the low-income Groups. The specific objective is  “to develop a financial system which delivers real value to the low-income people in Kenya”. This will be articulated through working with market players to address three key barriers to inclusion including: 1. High cost; 2. Insufficient value; and 3. Weak trust. Key approach to attainment of this is building capacity for the market to address market barriers and innovate solutions for real world needs of poor people and businesses by addressing market challenges (outcomes) which include: rules of the game (which shift incentives in favour of the poor); enhancing efficiencies in the industry infrastructure; and promoting a shared collective vision on development of the Financial Services Sector.

The revised budgetary requirement following DFID exit from support to core Financial Inclusion programme is BKES 3.188 out of which BKES 1.622 has already been secured from Gates Foundation and  BKES 1.086 is a carryover from previous strategy support (as at January 2017). Sweden is requested to provide BKES 0.48 (MSEK 50). The intervention has two components namely financial inclusion and trade facilitation. The intended outcome is to generate sustainable improvements in the lives of lower-income people in Kenya through development of a financial and trade system which delivers real value to the low-income people in Kenya. The objectives of this intervention; both financial inclusion and trade facilitation is anchored on working with market players to address three key bariers to inclusion namely i) high cost;ii) insufficient value; and iii) weak trust in the system
While the specific approach to attainment of these objectives of reducing costs, creating value and building trust in both the financial and trade market system relies on building the capacity of the market to work with key areas including: rules of the game which shift incentives in favour of the poor; enhancing efficiencies in the industry infrastructure; and  promoting a shared collective vision on development of the financial services sector (FSS). Additionally, trade facilitation for the real economy aims at creating market capacity and incentives to innovate trade solutions which deliver real value for the economy, enterprises and households.
The rationale behind the trade facilitation is that the trade system must evolve in a way that it only allocates value to trading partners in line with the value they have added within the system and by breaking down information asymmetries.