Support Us

Better tools for managing money – from mobile payments, to digital credit and insurance – can help low-income households save, transact, and grow their businesses.

CEGA Work Sector - Financial Inclusion


In the absence of secure and reliable ways to save, borrow, and make payments, low-income households and small businesses often rely on costly and informal methods of managing their finances. Lack of traditional credit scores can further limit the ability of unbanked households to borrow money, perpetuating intergenerational cycles of poverty. Improving access to secure financial products and services—many of which leverage digital payment platforms—can lead to investments in durable assets and income-generating activities. Yet there remains a lack of evidence on the mechanisms by which these products and services alleviate (or further entrench) poverty. To fill this gap, CEGA mobilizes researchers to design and test secure financial products and services, regulatory approaches, and related consumer protection mechanisms. Our research informs decisions about product, program, and business model development, as well as the design of regulatory solutions that protect consumers.

  • Bill & Melinda Gates Foundation 
  • Visa
Scientific Directors


Digital Credit Observatory

The DCO was established in 2016 with support from the Bill & Melinda Gates Foundation to support a coordinated portfolio of rigorous research exploring impacts of digital credit and related consumer protection measures in emerging markets. By engaging closely with key thought partners, industry, banks, and policymakers, evidence generated through the DCO is relevant and...

Financial Inclusion Lab

The Financial Inclusion Lab (FIL), funded by a gift from Visa, was established in 2015 as a clearinghouse for research on the returns to investments in financial inclusion. Evidence generated through FIL guides Visa and its partners towards increasing the adoption and sustained use of electronic payments and complementary interventions in emerging markets. Currently, FIL is exploring the impacts of e-payment infrastructure on small business development in Mexico, and the effectiveness of linked lines of credit on cash transfer beneficiaries in the Dominican Republic...

Lab for Inclusive FinTech

The Lab for Inclusive FinTech (LIFT) is a research initiative of the Institute for Business and Social Impact (IBSI), in collaboration with the Center for Effective Global Action (CEGA) and the Blum Center for Developing Economies, with  with generous support from Ripple Impact and Binance...

Financial Inclusion Research

Financial Inclusion

The Impact of Price Comparison Tools in Consumer Credit Markets

Sean Higgins | Chile
Financial Inclusion

Data Privacy Practices and Policies for Digital Credit Services

Saroj Koul | India
Global NetworksFinancial Inclusion

Developing Financial Literacy and Aspirations in Uganda and India

Ester Agasha | Uganda
Global NetworksFinancial Inclusion

Peer Effects, Warning Messages, and Problem Gambling in Kenya

Laura Barasa | Kenya
Financial Inclusion

Impacts of a Credit Comparison Tool on Costs and Consumer Welfare

Sean Higgins | Mexico
Financial Inclusion

Profit vs. Privacy: Impacts of Using Provably Private Data for Credit Scoring

Nitin Kohli | Nigeria
View More Research

Financial Inclusion Resources

Financial Inclusion

Reading Guide for Mobile Instant Credit Report

Reports & Policy Briefs   |   Financial Inclusion
Financial Inclusion

Banking on Transparency for the Poor: Experimental Evidence from India

Financial Inclusion
Financial Inclusion

Microequity and Mutuality: Experimental Evidence on Credit with Performance-Contingent Repayment

Financial Inclusion
Financial Inclusion

Hope and Poverty in Development Economics: Emerging Insights and Frontiers

Financial Inclusion
Financial Inclusion

Integrating Biometric Authentication in India’s Welfare Programs: Lessons from a Decade of Reforms

Working Paper   |   Financial Inclusion
Financial Inclusion

SMS Training and Micro-Entrepreneurship Performance

Working Paper   |   Financial Inclusion
View More Resources


Copyright 2024. All Rights Reserved

Design & Dev by Wonderland Collective