- PROJECT TITLE: Africa Financial Capability Project
- PARTNER INSTITUTIONS: FinMark Trust
- TIMELINE: September 2010 - March 2012
This joint project for Malawi, Namibia and Zambia aimed to develop a set of financial capability indicators that are internationally comparable and that take account of the needs of low-income people in developing countries.
In Zambia, eight focus group discussions (FGDs) were held with a total of 72 FG participants. The FGDs took place in and around Lusaka in the central region of Zambia, and in and around Ndola, in the Copper belt region. These locations provided both urban and rural areas, and represent different types of economic activity in Zambia.
In terms of the in-depth interviews conducted, Twenty respondents were interviewed. They were selected on the basis of gender and income, but also on the basis of whether they were considered more or less financially capable, as revealed in the pre-screening questionnaire. The results and feedback from in-depth interviews informed the development of core questionnaire modules to be used for surveys that will be implemented in the second stage of the project.