The ultimate aim of policies and strategies for financial inclusion is to increase access to formal financial institutions and increase the uptake and usage of financial products and services (i.e. those provided by regulated service providers). The target of the Government of Rwanda is to increase financial inclusion to 80% by 2017. FinMark Trust launched the results of the Financial inclusion survey of Rwanda on 3 March 2016.

The findings from the FinScope Rwanda 2012 survey revealed that 72% of Rwandan adults were financially included – 42% were formally served (23% served by commercial banks and 33% served by non-bank formal institutions) and 58% used informal financial mechanisms. The FinScope Survey not only enabled the assessment of the landscape of financial access in Rwanda, but also provided a benchmark for repeat surveys that will enable the impact of access related policy interventions to be assessed. This report summarises the findings of FinScope Rwanda 2015. This summary report addresses the information needs that would enable Governments to develop and monitor evidence-based policies and regulations which will help extend the reach of financial services in the country.

As such, this study describes determinants of financial inclusion (i.e. the demographic landscape and insights into people’s lives), dimensions of financial inclusion (focusing on adoption and uptake, i.e. the extent to which people currently have/use of financial products/services including both formal and informal, as well as access indicators, e.g. physical proximity, documentation, and perceived affordability), and provides a contextual review of country- and cross-country levels.