2.Consultative Workshops for Poor Financing Report – Financial Services for the Poor

Consultative Workshops for Poor Financing Report – Financial Services for the Poor

Project Snapshot

Client: Save the Children
Location: Mogadishu, Somalia
Implementation Period: 08/2022
Status: Completed
Sector: Livelihoods & Economic Inclusion
Project Type: Financial Inclusion & Consultation
Target Groups:
IDPs, low-income households, small-scale entrepreneurs.

Evaluation Objectives

1. Assess financial access barriers for vulnerable populations
2. Facilitate stakeholder dialogue on financial inclusion
3. Develop recommendations for improving financial services
4. Strengthen resilience through enhanced financial systems

Background & Rationale

Limited access to formal financial services constrains economic resilience among vulnerable communities in Mogadishu. Financial exclusion increases exposure to shocks and limits livelihood diversification. This project aimed to analyze financial access barriers and generate policy recommendations to improve inclusive financing mechanisms.

Scope of Work

1. Organized and facilitated consultative workshops
2. Engaged financial institutions and community representatives
3. Analyzed financial inclusion gaps
4. Developed policy and programmatic recommendations

Methodology & Approach

The project applied a participatory consultation approach, combining stakeholder workshops, expert discussions, and analysis of financial access data. The methodology emphasized inclusive dialogue and practical policy recommendations.

Key Outputs & Deliverables

1. Financial inclusion consultation report
2. Stakeholder workshop documentation
3. Policy and program recommendations
4. Strategic guidance on financial resilience

Key Findings & Results

1. Identified major barriers to financial access
2. Strengthened collaboration between stakeholders
3. Enhanced understanding of IDP financial challenges
4. Provided actionable recommendations for inclusive financing

Beneficiaries & Stakeholders

1. IDPs and vulnerable households
2. Financial service providers
3. NGOs and development actors
4. Save the Children

Geographic Coverage
The consultation was conducted in Mogadishu, Somalia.