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
Tool
Consumer Protection Digitization Risks & Barriers Gender Personal Security
GBV Tool
Tool
Consumer Protection Digitization Risks & Barriers Gender Personal Security

DSG Toolkit: Addressing Risks of Gender-Based Violence

By Lauren Hendricks, Dennis Mello, Paulina (Paula) Rudnicka
Global Communities, Women for Women International
2022

DSG Toolkit: Addressing Risks of Gender-Based Violence

This tool was created to inform implementing organizations on the risks of gender-based violence (GBV) (including technology-facilitated GBV and intimate partner violence), which may occur as a negative consequence of a woman’s digital journey. The tool includes strategies to help mitigate these risks. Strategies could include community education, gender dialogues and GBV service mapping; promoting […]
Read
Brief
Digital Inclusion Digital Transformation Project Implementation
Brief
Digital Inclusion Digital Transformation Project Implementation

Digitalizing Savings Groups in Sierra Leone

By Eric Kaduru, Julia Arnold
CARE
2025

Digitalizing Savings Groups in Sierra Leone

This brief outlines CARE Sierra Leone’s collaboration with MiKashBoks to digitize Village Savings and Loan Associations (VSLAs). Through tailored app development, digital literacy training, and mobile money integration, the initiative improved financial management, safety, and autonomy for women. The pilot reached 81 groups, with plans to expand to 200, offering insights into inclusive digital transformation in low-connectivity contexts.