Microfinance in Africa - State of the Sector Report - Closing the Gap

This review focuses on the potential for the savings-led microfinance (MF) movement in sub-Saharan Africa to close an important gap in MF so that all poor people can access the financial products and services.

The three sections include (1) taking stock of where the savings-group (SG) movement fits within the larger MF sector and what different facilitating agencies (FAs) are doing in SG programming and where; (2) assessing program integration, in which SGs are implemented with other development programs, and linkage, in which SGs can opt into the formal financial sector; and (3) urging advocacy for changes in financial regulatory systems.

  • Published: April 2011

Related Publications

CARE evidence to the International Development Committee Inquiry into the DFID Economic Development Strategy

CARE's written evidence to the IDC argues that DFID’s Economic Development Strategy has an inadequate focus on gender and therefore will not deliver outcomes for women, companies and... Read more...


CARE global VSLA reach 2017: An overview of the global reach of CARE’s Village Savings and Loan Association programming

For over 25 years CARE’s Village Savings and Loan Associations (VSLAs) have enabled women living in poverty to increase their financial skills, gain access to and control over resources, and generate economic opportunities and income. This... Read more...


Political consciousness, leadership and collective action in the Mata Masu Dubara structures in Niger

This report presents the results of research conducted in Niger on the political power of the Mata Masu Dubara (Village Savings and Loan Associations) in... Read more...


Women on the Move in West Africa: Impact Growth Strategy 2017 Annual Report

Started by CARE International, the Women on the Move partnership goal is to economically and socially empower women and girls through their mobilisation and access to savings... Read more...


Financial services for resilience: how to assess the impacts?

Implementing innovative methodologies to measure resilience in Niger

This report from the BRACED programme, which aims to build the resilience of vulnerable people against climate extremes and disasters, explores the... Read more...


Delivering formal financial services to savings groups: A handbook for financial service providers

This handbook is a reference guide for financial service providers, for the effective design and delivery of financial services for savings... Read more...


Briefing paper to the UN High Level Panel on Women’s Economic Empowerment Working Group on Financial, Digital Inclusion and Property

Over the past year CARE has been advising the United Nations High Level Panel on Women’s Economic Empowerment on what actions need to be taken to rapidly accelerate women’s economic empowerment outcomes and ensure we meet the SDG targets and... Read more...