The Role of Humanitarian Cash and Voucher Assistance (CVA) of Non-Governmental Organizations (NGO) in Driving Financial Inclusion in Nigeria

Abstract

This research investigates the impact of humanitarian cash and voucher assistance (CVA) on financial inclusion in Nigeria, a developing country grappling with numerous humanitarian crises. The study highlights the shift from traditional in-kind aid to CVA, emphasizing how this approach aids recipients’ autonomy and dignity. Through a quantitative research approach involving a survey with 13 NGOs operating in Nigeria, the research examines the role of CVA in enhancing economic empowerment and financial inclusion among affected populations. Findings suggest that CVA significantly contributes to financial inclusion by allowing recipients to prioritize their needs, thereby improving their economic and social welfare. The study underscores the importance of NGO involvement in implementing CVA programs effectively. Limitations include a narrow sample scope and the inability to employ mixed-method approaches due to time constraints. Future research should expand the sample size and explore the long-term impacts of CVA on economic empowerment and financial inclusion.