Stakeholders gather to discuss RFSP impact and completion reports
In Kampala, Uganda, Friday 4 April was a very brightly sunny morning. IFAD and Government of Uganda, together with key partners and stakeholders have gathered for a workshop to discuss the closure reports of RFSP. The invitations said 8:15 am and the chief guest, the Deputy Secretary to the Treasury in the Ministry of Finance, Mr Patrick Ocailap was at the venue, ready to open the workshop at 8:30am! Invited participants quickly took their seats as they walked in one by one to the rare surprise of a chief guest already in his seat!
The stakeholder workshop is a significant milestone as it is the event where the impact of the years of RFSP implementation, as well as a project completion report, are shared and stakeholders invited to provide feedback. The firm hired to carry out the impact studies and write the completion report made a presentation in which they highlighted the achievements of the project in enhancing the outreach of financial services, usage of financial institutions, and sustainability of the supported Savings and Credit Cooperatives (SACCOs).
RFSP's goal was to increase income, improve food security and reduce vulnerability in rural areas. The development objective was to increase the outreach and sustainability of the rural finance industry in Uganda and to improve poor rural household's access to and utilisation of financial services. The key words are outreach, sustainability and usage of financial services.
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