FinScope Malawi 2008 was commissioned by the Ministry of Finance and the FinMark Trust, with funding from the United Kingdom?s Department for International Development, to understand adult Malawians financial lives. The objective of the survey was to inform financial sector policymakers and financial service providers with insights about adults financial needs, preferences and attitudes towards finance. From this policymakers could create a ‘pro-poor’ financial inclusion strategy and financial service providers could design new financial products and services aimed at lower income groups.
In total, 4,993 households were surveyed by NSO in November and December 2008 and the analysis was carried out by Kadale Consultants with additional technical input provided by FinMark and local experts. The results were launched at a public event in Lilongwe on the 19th March 2009 and Blantyre on 16th April 2009. A full database is available for independent analysis.