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Papers/Reports | March 26, 2019

Effectiveness of CRS' Financial Education Curriculum in Savings and Internal Lending Communities (SILC)

Evidence from three Latin American countries

This report presents the results from a three-country, multi-method study of the effectiveness of CRS’ Financial Education (FE) lessons delivered in the context of Savings and Internal Lending Communities (SILC) interventions. Implemented in Ecuador, El Salvador, and Guatemala, the study’s baseline and endline surveys, and focus group discussions jointly show that the FE lessons effectively teach responsible financial management to participants from diverse backgrounds in different contexts, and that the delivery of FE lessons in SILC provides participants with the opportunity to strengthen their learning through practice.