Financial Capability (FinCap) Study

The aim of the Financial Capability Baseline Survey (FinCap) is to define and establish baseline criteria and data, which can guide future targeted financial education interventions. As such, the baseline work will contribute to improved financial education and capability. FinCap will be conducted throughout Africa and other developing economies so that cross-country comparisons can be made.

DPC coordinated the first phase of FinCap in Tanzania, which consisted of qualitative research through Focus Group Discussions and individual interviews with different segments of the population. A varied sample was obtained in terms of gender, age, livelihoods and education, in urban as well as in rural areas, in mainland Tanzania and Zanzibar. The work also involved developing a baseline survey questionnaire and to provide technical expertise in terms of sampling, as well as to produce analysis from FinScope and other research which contributed to the study.