Enhancing Financial Inclusion COVER
Research
digital divide Digital Financial Services Digital Inclusion Digital Literacy Financial Inclusion Financial Service Providers Gender Law & Policy Project Implementation Research & Analysis

Lessons on Enhancing Women’s Financial Inclusion Using Digital Financial Services

Published by
2022
Alliance for Financial Inclusion (AFI)
View Resource

This special report, by AFI’s Digital Financial Services Working Group, examines the role of digital financial services (DFS) in enhancing and sustaining the access, use, and overall quality of financial services for women.

The report includes a comprehensive analysis of the current body of knowledge and case studies of countries that have accelerated DFS policy actions with divergent outcomes on women’s account ownership, usage of financial services, and impact on the gender gap.

The study also presents a policy framework covering best practices and an implementation plan with an associated monitoring checklist on how to utilize DFS to reduce or eliminate the financial inclusion gender gap across the AFI network.

Leave a Reply

View all comments

Related Resources

Read
Research
Digital Inclusion Digital Literacy Digital Transformation Digitization Benefits
4a. AKF COVER
Research
Digital Inclusion Digital Literacy Digital Transformation Digitization Benefits

From Cash to Digital Savings Groups

Aga Khan Foundation (AKF), BFA Global
2018

From Cash to Digital Savings Groups

This study presents findings about the effects of digitization on women’s savings groups from a randomized control trial in Southern Tanzania. The trial was implemented in 2016-17 by the Aga Khan Foundation (AKF), Selcom, and BFA Global. The product tested was a software platform built by AKF and Selcom that allowed group members to save, […]
Read
Research
Financial Inclusion
dsg default resource
Research
Financial Inclusion

Impact of the Child-Optimized Financial Education (COFE) Curriculum among Savings Group Participants in Uganda: A Cluster Randomised Controlled Trial

By Eunsoo Timothy Kim, Yunji Zhou, Levicatus Mugenyi, Margaret Lillie, John Kato Bbosa, Collins Agaba, Andrew Mijumbi Ojok, John Hembling, Godfrey Kalemera Ruhangawebare, Carrie Miller, Thomas K. Shaw, Benjamin S. Allen, Joseph R. Egger, John A. Gallis, Joy Noel Baumgartner
Journal of Development Effectiveness
2025

Impact of the Child-Optimized Financial Education (COFE) Curriculum among Savings Group Participants in Uganda: A Cluster Randomised Controlled Trial

A randomized controlled trial in Uganda evaluated the Child-Optimized Financial Education (COFE) curriculum delivered through Savings and Internal Lending Communities (SILC). Results show that COFE significantly increased caregivers’ ability to pay for children’s school expenses compared to SILC-only groups. However, COFE did not significantly affect health-related spending or financial self-efficacy. Findings suggest that child-focused financial education can improve educational outcomes for vulnerable households.