This learning brief captures Mercy Corps' emerging best practices under PRIME in expanding financial access in Ethiopia's pastoralist areas.
Over the past decade, Ethiopia has exhibited strong economic growth - an average of 10.9 per cent per annum - compared to the regional average of 5.3 per cent. However, this growth has not directly translated into equitable benefits across the country's diverse population.
PRIME's market systems approach includes activities for both groups of non-users - at the systems level by strengthening financial institutions' capacity while supporting financial product development and innovations; as well as increasing awareness and training consumers in financial literacy.