Research
Project Implementation

Expanding Financial Inclusion in Africa: Ex-post Evaluation

Published by
2025
Catholic Relief Services, Itad
View Resource

This evaluation brief reviews the Mastercard Foundation-funded Expanding Financial Inclusion in Africa (EFI) program, delivered by Catholic Relief Services and partners in Uganda. The study examines the sustainability of the Private Service Provider (PSP) model 19 months after project closure, finding that PSPs continued to form new SILC groups and that group members maintained access to savings and loans. Key findings include:

  • The number of SILC groups increased by 56% post-project, with most groups reporting higher savings and ongoing activity.
  • PSPs continued to earn income, though payment consistency and strategies varied, and challenges remained in reaching the poorest households.
  • Only half of the PSP networks remained active, with peer support as a key benefit but transportation as a major barrier.
  • Linkages to external stakeholders were limited, though demand for such connections was high.
  • The cost-per-member of the PSP model decreased, demonstrating improved value for money. Recommendations include refining network design, enhancing support for mature groups, and building PSP capacity for consumer protection and quality assurance. The brief concludes that the PSP model is highly sustainable and effective for expanding financial inclusion in rural African communities.

Leave a Reply

View all comments

Related Resources

Read
Multimedia
Digital Inclusion Digital Recordkeeping Digitization Benefits Digitization Risks & Barriers
Mercy Corps e1653014590658
Multimedia
Digital Inclusion Digital Recordkeeping Digitization Benefits Digitization Risks & Barriers

Piloting the Digitizing of Savings Groups at Mercy Corps

By Nick Meakin & Tamrat Abera
Mercy Corps
2022

Piloting the Digitizing of Savings Groups at Mercy Corps

In this short interview, Tamrat Abera explains how Mercy Corps is piloting an app from Jamii.one to digitize the record-keeping in savings groups in Ethiopia. He explains the pilot objectives, the current status of the pilot, key challenges and lessons, and plans for the next 12 months. This is the first in a short series […]
Read
Research
Digital Financial Services Digital Transformation Digitization Benefits Digitization Risks & Barriers
Digitization of SACCOS in Uganda
Research
Digital Financial Services Digital Transformation Digitization Benefits Digitization Risks & Barriers

Digitization of SACCOs in Uganda: Drivers and Impact Study

By David Nanambi Wayiku & Prisca Adong
Asigma & Mercy Corps
2023

Digitization of SACCOs in Uganda: Drivers and Impact Study