Results achieved as of the end of the project (January 2022) include: (1) ongoing improvements in the oversight and consolidation of the microfinance sector. This has been made possible by the operationalization and reinforcement of the Agence nationale de surveillance des systèmes financiers décentralisés. This guarantees that no structure will operate illegally in Benin; (2) The project partner, the decentralized financial systems (DFS), have improved access to their financial services. As a result, implementation of the financial inclusion strategy has led to the opening of nearly 140,000 new individual bank accounts, including 82,300 bank accounts for women. This brought the total number of new bank accounts opened to over 744,600, including 436,400 bank accounts for women; (3) improved people's skills through the continued implementation of an ambitious financial education and financial literacy training program which trained 14,237 participants. The total number of participants trained is 94,578, including 71,739 women and 22,839 men; and (4) with the project’s support, DFSs continued to roll out digital financial services. As a result, by the end of activities on January 31, 2023, 426,942 users, including 286,560 women, had benefited from the digital solutions put in place by the project including the mobile tontine digital service: the most popular service among women.
