Promoting Inclusive Markets and Financial Systems
The MasterCard Foundation works with visionary organizations to provide greater access to education, skills training and financial services for people living in poverty, primarily in Africa. As one of the largest private foundations its work is guided by its mission to advance learning and promote financial inclusion to create an inclusive and equitable world. Based in Toronto, Canada, its independence was established by Mastercard when the Foundation was created in 2006. For more information and to sign up for the Foundation’s newsletter, please visit www.mastercardfdn.org. Follow the Foundation at @MastercardFdn on Twitter.
In line with its commitment to being both evidence- based and evidence-generating, the IRC is carrying out a randomized impact evaluation that assesses 1) the impact of the economic intervention alone and2) the impact of the mental health intervention and the economic intervention together.
Both evaluations are investigating the impact of the mental health and economic interventions on psychological well-being, physical and social functioning, economic functioning, and family functioning.
The evaluation has various qualitative and quantitative
components. There are two qualitative assessments, one pre-program and one post-program; and three quantitative assessments. There is one quantitative assessment at baseline, one assessment 12 months after the start of the interventions (to capture short-term outcomes), and one final assessment 24 months after the start of the interventions (to capture longer-term outcomes)
In addition to these components, there is ongoing systematic program monitoring at individual and group levels.
The pre-program qualitative assessment is complete and informed the development of the questionnaire for the quantitative assessment. The quantitative baseline was conducted and found high levels of distress and impairment in functioning compared to other populations.