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Papers/Reports | July 2, 2018

Mobile Money Linkages Pilot

In 2013, Catholic Relief Services (CRS) – with support from the MasterCard Foundation – launched the Expanding Financial Inclusion in Africa (EFI) program in Burkina Faso, Senegal, Uganda, and Zambia.  The goal of EFI is to expand financial service access to vulnerable households to improve their resilience, and does so by creating Savings and Internal Lending Communities (SILCs) using the Private Service Provider (PSP) methodology.  To date, EFI has surpassed its original targets, forming more than 20,000 groups and reaching more than 543,000 members.