This year-long project, which was launched in January 2010, is supported by the Dutch branch of the international anti-poverty action organisation Oxfam as part of a large-scale research initiative funded by the European Commission. The entire study—of which the MGSoG research is but one part—aims to promote financial access to migrants by fostering competition in the money transfer market, building partnerships between and among microfinance institutions in ten sub-Saharan African countries and migrant associations across Europe, and providing microfinance institutions in select African counties with the technical assistance to develop more competitive money transfer services. Within this larger initiative, the study conducted by the MGSoG involves conducting short surveys among 3000 African migrants living in select European countries. The survey has been implemented among migrants hailing from Benin, Burkina Faso, Ethiopia, Ghana, Kenya, Mali, Nigeria, Senegal, Tanzania, and Uganda who are currently living in Belgium, France, Germany, Italy, Luxembourg, the Netherlands, Spain, Sweden, Switzerland, and the United Kingdom. The survey has enabled the creation of a general profile of remittance-senders from with the target groups, has uncovered the financial services and tools that migrants actively want and need, and has suggested methods via which migrants can be better engaged in formal financial services, particularly microfinance initiatives.
|Final Results 2011|