SILC & PSP Methodology

PSP payments: is it possible to hit the sweet spot?
By: Ben Allen

Group payments to the trainers are the lynchpin of the PSP model: for most PSPs, income is the primary (but by no means the only) source of motivation. If payments are too low, PSP productivity will be low – or they might turn to other income generating activities. Yet if payments are too high, demand […]

Savings Groups and Reaching the Very Poor: Insights from Expanding Financial Inclusion in Africa

The EFI team will share key learnings from EFI’s research agenda, including: A mixed-methods approach to developing a Pro-Poor Package and measuring poverty outreach, an innovative use of the Financial Diaries in Zambia with both SILC and comparison households, challenges of the mobile money pilot in Uganda with MNOs and Commercial Banks, and a breakthrough in post-project sustainability as a result of the PSP model.

EFI goes to Washington!

EFI goes to Washington! By Ben Allen, TA Microfinance Research, Catholic Relief Services The SEEP Network Annual Conference, usually held in Arlington, VA, is always an excellent forum for networking and learning about our own and peer organizations’ work in the field of microfinance, specifically on the promotion of savings groups. But this October, CRS’ […]

The EFI Project Unveiled – What have we done and what have we learned?

In several critical ways, EFI responded to the achievements and learning of CRS 2008-2012 SILC Innovations Project supported by the Bill and Melinda Gates Foundation. While the Innovations project gave us robust evidence that the PSP model was viable it also generated a new set of questions and challenges. EFI rose to the challenge and in 2013 we began the work. What Did We Set Out To Do? How Has EFI Done?

Expanding Financial Inclusion in Africa exceeds its target, reaching more than 543,000 households

Access to appropriate financial services is one of many challenges for the poor and SILC services are effectively meeting that challenge.  Prior research documented the effectiveness of SILC groups and called for a massive scale-up – the EFI project has met this demand by expanding SILC services, and the many benefits that they offer, to 543,000 households and counting.