(Makerere University Business School, 2023) Isabirye, Richard Katikiro
Financial inclusion can significantly improve vulnerable groups' livelihoods. This study contributes valuable insights into government subsidies' relationship on financial inclusion, particularly cash and non-cash subsidies to women in SACCOs. Using mixed-method
approach, interviews with policymakers and surveys with 398 female SACCO members in Kampala City were conducted. The findings show that most respondents were generally satisfied (mean score ≥3, SD=1.44) with their financial inclusion, however, a significant
negative correlation was found between government subsidies and women's financial inclusion. SACCOs should therefore create tailored products and involve women in planning, while the government should focus on education and training to nurture SACCOs' growth
Key words: Financial inclusion, SACCOs, cash subsidies and non-cash subsidies