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Statistics agency to embark on Financial Inclusion Survey in October

Statistics agency to embark on Financial Inclusion Survey in October

The Statistics Agency will launch the Financial Inclusion survey to collect information on financial needs, access to financial service preferences and financial behaviours of the people.

The launch will take place on 2 October and will run until 13 November in all 14 regions in selected households.

The launch follows the 1st phase, a pilot survey which was conducted from 14 to 19 August only in the Kavango West and Khomas regions.

In August, the statistics agency’s, Statistician General, Alex Shimuafeni said the survey will be conducted to show how equal and accessible financial services and products are to all members of the society including the vulnerable members such as women, youth and low income groups at an affordable cost.

According to Shimuafeni the survey will not cover all households in Namibia and it will be conducted only on the selected households in a random sample that will be aided by the use of Geographic Information System (GIS).

The survey will be conducted through face-to-face interviews that will be administered by NSA staff,” he added.

Shimuafeni said the findings of the survey will be used to effectively evaluate and monitor the progress made specifically with regard to financial inclusion and most importantly it will provide up-to-date data on access to and usage of financial services and products.

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