FSD Kenya commissioned Oxford Policy Management (OPM) to conduct an in-depth impact assessment of their savings groups programmes which were undertaken in collaboration with two international non-governmental organisations, CARE and Catholic Relief Services (CRS). The research set out to explore the following four evaluation questions:
- To what extent and how have SGs improved incomes and reduced vulnerability to shocks among their members?
- To what extent and how have members developed their financial skills and feel more empowered and knowledgeable about using financial products and services?
- To what extent and how have SGs promoted empowerment in the form of expanded social networks and relationships, increased political participation?
- How have the above changes contributed to improved wellbeing at the household level?
The study adopted a realist evaluation approach to explore not just the changes savings groups contribute to members lives, but also the ways (mechanisms) and circumstances (contexts) in which savings groups work (or don’t work) for people in rural Kenya.
Read the summary impact report here.