Evaluation of the financial inclusion Growth FundAuthors : Sharon Collard, Chris Hale, Laurie Day
Funded by: HM Treasury
Published by: Financial Inclusion Taskforce
Publication date: January 2011
The objective of the DWP Growth Fund was to raise levels of access to affordable credit by building the capacity of third sector lenders to serve financially excluded households. In doing so, the Growth Fund aimed to disrupt the role of high cost credit in the lives of borrowers.
Using both qualitative and quantitative research methods, our evaluation of the Growth Fund examined both impact and process in order to establish the wider implications of the initiative on:
- Financially excluded individuals.
- Third sector lending institutions (Credit Unions / Community Development Finance Institutions).
- Other organisations delivering services to the financially excluded.
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