The WomenSave Innovation
We offer goal-based savings plans and mobile money to bring unbanked women into the financial system with a real voice and without risk.
Theory of Change
1,555+
Women Onboarded to Mobile Banking
$139,745+
Money Saved
2,496+
Financial Goals Met
How It Works
WomenSave offers personalized savings solutions.
The process starts with pairing our clients with one of our Savings Officers, local women with business degrees and skills, and offering financial literacy training and one-on-one financial advisory services.
With this innovative solution, WomenSave:● increases financial knowledge, digital access and skills;● improves digital financial capabilities and financial behavior;● improves female financial health, namely agency and resilience; and● economically empowers women.
Pilot Project 2020
In Uganda, where nearly 5 million women do not have bank accounts, WomenSave conducted a pilot over eight months with 514 clients in two western districts (Kanungu and Rukungiri). We achieved some impressive results (during 2020!):
Over 99% of clients made weekly deposits
Clients saved approximately $35on average
78% met their financial goalson time
(for example, buying livestock, paying school fees, making home improvements)
WomenSave offers personalized savings solutionsotherwise unavailable to last mile clients.
We empower unbanked women to connect to the digital economy and meet financial goalson their own terms and conditions, a rare but powerful opportunity.WomenSave plans to grow to reach more clients in Uganda first then expand to other countries.
Help Make A Meaningful Difference Today
Your gift directly supports the financial programs and solutions we provide. Any contribution goes a long way!
Donations are accepted securely through Paypal.com
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