Table 4 FLTPs included for review

(Rustad and Smith 2012)

Low-income, ethnically diverse women

Aims to increase FL concerning making purchases with a tight budget.

Randomised control trial

positive perspectives towards the means to purchase

Experimental

(Koomson et al. 2021)

Female and young households

Effect of a training programme on households’ consumption as a welfare indicator.

Randomised control trial

Significant improvement in household consumption

Experimental

(Clark et al. 2018)

Adolescent girls

To assess how microsavings initiatives affect girls’ FL, saving habits, and academic performance

Randomised control trial

Initial evidence of increased financial planning, knowledge, and savings, but these effects faded after two years.

Experimental

(Austrian and Muthengi 2014)

Adolescent girls

Impact of intervention on social, health, and economic resources

Randomised control trial

A rise in financial assets

Experimental

(Pettifor et al. 2019)

Adult girls and young women

Analysing the Importance of Contextual factors is crucial in determining how cash transfer programs affect HIV risk.

Interview

1. Strengthened ability to successfully start businesses, generate income

2.Decreased dependency on partners.

Qualitative

(Prandini and Baconguis 2021)

Woman Migrants

Assessing the Impact of FL and entrepreneurship (FLE) education on financial management and decision-making processes.

Semi-structured interviews

1. Foster more beneficial mindsets toward financial management

2. Identify long-term strategies for aiding families who have fallen behind

Qualitative

(Curley et al. 2016)

Orphaned children

Effects of standard healthcare with an element of economic empowerment.

Randomised control trial

Increased sense of security and confidence

Experimental

(Hewett et al. 2017)

Adolescent girls

To more confidently credit girls’ participation for the changes in their lives

Randomised control trial

1.Enhanced knowledge and abilities

2.Increased self-

assurance and efficacy

3. High aspirations

Experimental

(Bhutoria and Vignoles 2018)

low-income families living in unofficial community settings

To examine the effectiveness of RoT- FLTP’s in improving consumer financial outcomes.

Randomised control trial

Increase in personal savings

Experimental

(Toosi et al. 2020)

Line operators in apparel factories

Analyse the results of an FLTP for women workers in Bangladesh and India.

Randomised control trial

1. Increased savings.

2. Improvements in perceived pay clarity.

Experimental

(Sanders and Weaver 2015)

Victims of domestic violence

To make people more conscious of their financial options, opportunities, and effects

Randomised control trial

1. Increased awareness of financial choices, opportunities, and consequences

Quasi-experimental design

(Sprow Forté 2013)

Single mothers

To improve career pathways, wealth creation, leadership, and social supports

Interviews, observations, document analysis

1. Change is observed in behaviour concerning the personal money management

2. Rise in motivation for change

Qualitative

(Jennings et al. 2016)

Orphaned adolescents

Impact of intervention over time on attitudes toward future savings and cash savings

Randomised control trial

1. Increased cash savings over time

Experimental

(Park et al. 2021)

High School Girls

Effect of the programme on participants’ knowledge, behaviour, and decision-making in the future

Longitudinal design

1. Increased confidence

2. Widened occupational pathways

Quasi-experimental

(Huang et al. 2022)

Young mothers

To determine how the use of assets and debt products is influenced by financial knowledge, expertise, and education

Randomised control trial

1. Increased use of an asset- and debt-product

2. Increased financial knowledge and financial skills

Experimental

(Koomson et al. 2020)

male and young beneficiary

Impact of training on financial inclusion behaviour

Randomised control trial

1. Significant impact on account ownership

Experimental

(Adhariani 2022)

Female entrepreneurs

Investigating the role of accounting in empowering women

Observation, interview and thematic analysis

1. Increased sense of being empowered. Not only women but the whole family is empowered

2. The cooperative loans transform them into neoliberal agents, and success comes from the family’s support.

3. Simple accounting system proved helpful in enhancing financial skills to support small businesses

Qualitative

(Mergenova et al. 2019)

Women who use drugs and are sex workers

Addressing the needs of women who face HIV and other STIs

Randomised control trial

1. Opening of saving accounts

2. Learnt to address loans and strategies to pay them off

Experimental

(Sanders 2014)

Survivors of domestic violence

To aid women in accumulating assets for their long-term social and economic well-being.

Randomised control trial

1. Successfully able to save and invest in assets

2. Efficient use of saving withdrawals

Experimental

(Karasz et al. 2021)

Low-income women

Economic strengthening via training programs

Randomised control trial

1. Significant reduction in depression

2. Participation in household economic decision-making, improved

Experimental

(Austrian et al. 2020)

Adolescent girls

Impact of training on girls’ economic assets

Randomised control trial

1. Modest, positive impacts on FL, savings behaviour, and self-efficacy.

Experimental

(Poteat et al. 2021a)

Transgender women

To comprehend the distinctive attitude towards microeconomic initiatives and their acceptability

Interview

1. Improved FL

2. Provide living-wage non-stigmatising employment

Qualitative