PRIME Financial Services Learning Brief
Over the past decade, Ethiopia has exhibited strong economic growth - an average of 10.9% per annum - compared to the regional average of 5.3%. 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.
This learning brief captures Mercy Corps' emerging best practices under PRIME in expanding financial access in Ethiopia's pastoralist areas.