Expanding Financial Inclusion in Africa Learning Event: Dissemination of Performance and Results
Catholic Relief Services’ Expanding Financial Inclusion Africa (EFI) project, funded by Mastercard Foundation, hosted a learning event in conjunction with the SEEP Network Annual
Conference on Thursday, October 5th, 2017. The project operated in four countries – Burkina Faso, Senegal, Uganda, and Zambia – through nine local implementing partners over a
The core goal of the project was to expand financial inclusion to 500,000 vulnerable households through CRS’ Savings and Internal Lending Communities (SILC) methodology to improve their
resilience to economic shocks and the quality of their lives. EFI Africa has already surpassed its project targets, forming 20,000+ SILC groups and reaching over 545,000 households.
A major focus of this project has been to capture significant amounts of data* to shed light on the economic lives of our members, and enabled CRS to refine and strengthen the Private Service
Provider (PSP) model which has proved to be both prolific and sustainable.