In Depth
Financial inclusion

Financial inclusion

CARE at SG2018 Power of Savings Groups conference

The Global Savings Groups Conference convened by the SEEP Network was held in Rwanda from 22-24 May. At the conference CARE led or participated in a number of peer learning sessions including:

  • Scaling savings groups through government programmes
  • Emerging best practice in the design and delivery of digitally-enabled financial services for savings groups
  • Speeding up useful linkages: Reducing time in meeting group demand for formal services
  • Indashyikirwa: A gender-transformative, economic empowerment programme to prevent Intimate Partner Violence
  • De la transaction à la transformation : Les groupes d’épargnes, l'action collective, et la participation politique des femmes en Afrique de l'Ouest (in French, with simultaneous translation into English)

Read our wrap-up blog on the conference, with reflections and learnings from POWER Africa programme managers Nicedore Nkurunziza (CARE Burundi) and Fati Abdou Karine (CARE Côte d’Ivoire) who participated in the conference and led sessions.

Read more

Catch the rhythm of financial inclusion!

Watch this funky take on VSLAs – a good way to spread the vibe!

Blogs See all

What we must do to ensure development-focused microfinance organisations survive the COVID-19 pandemic
Microfinance organisations serve approximately 140 million low-income people around the world. And the vast majority of these are women (roughly 80%), who live in rural areas (roughly 65%) . At…
Holding back the flood: Using savings groups to relocate from risk in Malawi
As the climate crisis makes natural disasters a daily reality for people around the world, communities and humanitarian organisations are looking for ways to mitigate risks and build resilience. In…
World Savings Day: How young people will fix the world
“Other young people discouraged me from joining the savings group, because this was not our culture. My peers laughed at me. But I was strong and I knew what I…
Changing social norms to achieve women’s financial inclusion
We can’t achieve women’s financial inclusion without considering harmful social norms and trying to change them. This was the key message I shared during the Swiss Agency for Development and…

Publications See all

COVID-19 could condemn women to decades of poverty: Implications of the COVID-19 pandemic on women’s and girls’ economic justice and rights
COVID-19 has become an unprecedented and unpredictable global crisis. It is “a defining moment in human history”.  COVID-19 has affected everyone, but not equally so. The pandemic is exploiting and…
Are VSLA feminist platforms for gender transformation?
This paper provides findings and recommendations about how Village Savings and Loan Associations (VSLAs) can be a platform to challenge patriarchal structures that discriminate against and normalise violence against women…
Women on the Move Annual Report 2019
When women are able to come together in safe spaces, they can use their collective power and voice to bring about change for a more equitable world. Women on the…
Curiosity Collective: Evidence of social changes for women in savings groups
CARE has been working with Village Savings and Loan Associations (VSLA) since we first launched the model in Niger in 1991. Over the years, VSLAs have reached more 7.6 million…

Video

Catch the rhythm of financial inclusion!

You might also be interested in...

The outcomes of SG bank linkages: emerging evidence – SEEP Network webinar featuring insights from CARE’s experience linking VSLAs to banks presented by CARE’s Christian Pennotti and Ruth Orbach

How digital finance could boost growth in emerging economies – report by McKinsey Global Institute

Bridging the gender gap: Promoting women's financial inclusion – tools and guidance from the AFI Network

Gender equality and financial inclusion – what does the European Bank for Reconstruction and Development think?

Resources and links

Financial inclusion and women’s economic empowerment – a briefing for the UN Secretary General’s High-Level Panel on Women’s Economic Empowerment

Search Inclusive Business online database

Linking for Change Savings Charter

The Guardian Global Development Professionals Network Financial Inclusion hub