Daryl Collins

Dr. Daryl Collins is author of the acclaimed Portfolios of the Poor and a pioneer working at the intersection of finance and human vulnerability. In the past two decades, Dr. Collins has built up a broad portfolio of work with foundations, bilateral institutions and private financial services providers linking an understanding of household financial management to the provision of supportive financial services to the most vulnerable of the world. Her work is grounded in a deep understanding of the financial behaviors of low-income and vulnerable communities across the globe, leveraging the experience of executing financial diaries studies in over 10 countries, including China.

Dr. Collins spent the last decade as Managing Director and CEO of BFA, a niche consulting practice with offices in Boston, New York, Nairobi, New Delhi and Medellin (see www.bfaglobal.com). Dr. Collins holds a B.Sc. and an M.Sc. in economics from the London School of Economics and a Ph.D. from New York University. She is currently on what she terms a “working sabbatical” and is conducting work on a wide breadth of projects from data empowerment, to measuring financial resilience during disasters such as COVID, to tracking child and forced labor in last mile supply chains.

By Daryl Collins

Blog

Measuring the Influence of Financial Services on Reaching the SDGs

Learn about UNCDF Impact Pathways, a tool to measure the influence of digital financial services in reaching the SDGs, in this guest blog.
Blog

Can Digital Linkages Revitalize a Tried and True Savings Model?

What would it take to link savings groups and digital financial services? A team at BFA investigated the potential tradeoffs and benefits which savings groups and potential private sector stakeholders might encounter on this journey.
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Why Financial Diaries to Understand the Needs of Smallholders?

CGAP is working with Bankable Frontier Associates to conduct a financial diaries project on 90 families in Tanzania, Mozambique, and Pakistan.
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What Is Keeping Kenya From Becoming More “Cash Lite”?

A couple of weeks ago, Daryl Collins and her team at BFA introduced granular, intra-day transaction data collected in the summer of 2011 across a sample of 61 urban and rural retail merchants in Kenya. The results starkly showed that cash still dominates the payment transactions in these areas, with mobile money representing being used for not even 1% of transactions. In this blog, they ask the question “What would move more customers and merchants to more cash-lite payment behavior?”
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Is M-PESA Replacing Cash in Kenya?

How far away is Kenya from the goal of cash-lite? Between July and August 2011, Bankable Frontier Associates (BFA) conducted an intensive field study within an urban and a rural pilot area to study the mode and size of intra-day cash flows at the customer-to-merchant interface and the merchant-to-supplier interface. This research finds that despite Kenya’s reputation for being a leader in mobile money, cash is still king.