Savings: Global Learning For Local Application

Photo by Daniel Zoltani

This blog post was published originally on the Consultative Group to Assist the Poor (CGAP) website as part of a blog series titled: Putting Impact Research Into Practice

What can a study about 1,118 Nepalese women living in slums tell us about rural community savings programs in Colombia?  Can we really compare such vastly different cultures, countries and contexts?  And yet, there may be some core behaviors that are relatively consistent across geographies. Indeed, cross-border learning has been a key feature of the rapid innovation in financial inclusion products for low income and poor people.

viernes, 8 de febrero de 2013/Author: SANDRA DARVILLE/Number of views (15595)/Comments (0)/ Article rating: No rating
Categorias: BlogsImpacto

Seeking common ground on evaluating impact

“However beautiful the Strategy, you should occasionally look at the results." – Winston Churchill

Our MIF team – General Manager Nancy Lee, Claudia Gutierrez, Tetsuro Narita and me – recently spent two days with development experts and academics discussing and debating the importance of impact evaluation on Financial Inclusion programs. The retreat, co-sponsored by CGAP and DFID, was held in the shadow of Buckingham Palace at DFID’s offices, and included about 60 experts from development banks (ADB, CDC, DFID, MIF, EBRD, EIB, FMO, IFC...), foundations (Citi, Mastercard and Ford) and well-known scholars from IPA, Harvard and other institutions. The meeting was the brainchild of Alexia Latortue from CGAP, who saw a need to get a common understanding among funders and donors of the best evaluation methods, and also to spend time creating a “new impact narrative for Access to Finance.”

jueves, 24 de enero de 2013/Author: SANDRA DARVILLE/Number of views (13477)/Comments (0)/ Article rating: No rating

Love, rivalry, drama... and how to make a budget? Telenovelas as a source of financial education

Will Vicky be able to make more money now that her husband has left his job? Will Miriam be able to fulfill her dream of owning her own house? What about Vicky’s pregnant teenage sister? How will a new baby affect the household? And who, after all, is the “man” in Cambodia?  These and other questions captivated a full house at the Foromic panel on using non-traditional media techniques for training. Non-traditional it was, with discussions of telenovelas (soap operas) and reality TV shows, HIV-AIDS, financial literacy and savings accounts, child trafficking and women’s and men’s household roles. This panel proved how financial, academic, and health institutions are using soaps for more than daytime dithering. In fact, some of the LAC region’s leading microfinance organizations are proving that combining such seemingly frivolous fare with important messages can be an effective and sustainable vehicle for providing training and achieving behavioral changes. 

jueves, 25 de octubre de 2012/Author: SANDRA DARVILLE/Number of views (17263)/Comments (0)/ Article rating: No rating

Evidence-Gathering in Thailand

I recently traveled to Bangkok with two MIF colleagues to attend the second annual Impact and Policy Conference, sponsored by the Asian Development BankInnovations for Poverty Action (IPA), the Citi Foundation and the Abdul Latif Jameel Poverty Action Lab (J-PAL). The conference brought together over 200 researchers, policy makers, and international development specialists to go over the most recent impact findings on improving programs and policies for the poor. It was clear from the diverse list of participants, that donors and policy makers alike are actively seeking evidence with which to assess welfare outcomes on beneficiaries. There was consensus that financial outcomes are merely intermediary effects, and that what is ultimately sought are increases in things like consumption, health, asset building, housing investment, income smoothing, ability to withstand shocks, etc. Given these goals, research into what products and mechanisms lead to these outcomes is very important to ensure that resources go into programs that can deliver the desired impacts.

martes, 18 de septiembre de 2012/Author: SANDRA DARVILLE/Number of views (11356)/Comments (0)/ Article rating: No rating
Categorias: BlogsImpacto