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
Training
Digital Transformation Digitization Planning Industry Standards Monitoring & Evaluation
DSG Course
Training
Digital Transformation Digitization Planning Industry Standards Monitoring & Evaluation

Digital Savings Group Course

Aga Khan Foundation
2019

Digital Savings Group Course

Developed by the Aga Khan Foundation (AKF), this online course discusses key concepts in digital savings groups (DSGs) and provides a detailed orientation to AKF’s DSG platform. The course is designed for those who wish to support the implementation of DSGs, including project managers, trainers, and village agents. The course consists of 49 short videos. […]
Read
Tool
Data Privacy & Security Digital Inclusion Digital Literacy Digital Transformation
1a. Preparedness COVER
Tool
Data Privacy & Security Digital Inclusion Digital Literacy Digital Transformation

DSG Toolkit: Digital Preparedness Checklist

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

DSG Toolkit: Digital Preparedness Checklist

This checklist is designed to help implementing organizations gauge their own preparedness to digitize savings groups and to do so in a gender-responsive manner. The checklist will help implementers understand what they need to do to take on the technology, identify required training and support and address gender considerations in digitization projects. These include strategies […]