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FSDU Final Project Report

CARE International in Uganda with funding from FSDU implemented a twenty months digitalized financial service project targeting 12,350 youth in Kibaale/Kagadi district. The project end date was 31/12/2016. The project had an extension of three months, 1stJanuary to 31stMarch 2017 at IPO level and 28th/04/2017 at CARE level respectively. The project goal was that “Rural and peri-urban youth aged (15-30yrs) in Kibaale/Kagadi district have increased access to financial services and engage meaningfully with the financial market
actors for sustainable financial inclusion”. The project had four specific objectives that focused on; strengthening the organizational capacity of youth through Youth Savings and Loans Associations (YSLAs) as the first step towards inclusion in the financial sector; ensuring establishment of structures that enable the youth to access formal financial services; provision of technical support that builds the financial industry’s knowledge base that heightens youth financial inclusion and establishment of a structure that supports the formal financial institutions’ and telecom companies to outgrow the “sub-scale trap” and reach a critical mass of youth customers. [42 pages] Read More...

Financial Sector Deepening in Uganda (FSDU) Baseline

CARE International Uganda (CARE) is presently implementing a pilot project for the digitalized financial services for the youth with funding from Financial Sector Deepening in Uganda (FSDU). The overall aim of the project is to ensure that 12,399 youth in Kibaale district are accessing financial education and services through Youth Savings and Loan Associations (YSLAs) and linking them through a digitalized platform using AIRTEL services to postBank. It also intends to institute youth friendly products in financial institutions so that the youth can be able to improve their household incomes. Read More...

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