Effective coaching–designed to impart basic financial education and livelihood skills– is a critical ingredient of programs aiming to graduate households out of extreme poverty. How can we more effectively train coaches to address differentiated needs? Impact research plays a crucial role in filling this knowledge gap.
What can a study about 1,118 Nepalese women living in slums tell us about rural community savings programs in Colombia? This post explores the relevance of cross-border learning for financial inclusion.
Without mechanisms like insurance in place to manage the enormous amount of risk in the lives of the poor, hard fought gains against poverty may be wiped out when the inevitable shocks of everyday life occur, be they the death or disability of a breadwinner, sickness, a failed harvest, or the loss of property due to a natural disaster or fire or theft.
In the financial inclusion world today, there is some healthy debate about the role of research, including the pros and cons of different approaches. There is great information out there, but academic research might have more impact if more people know about it.
Policymakers are swamped. They have a wide range of interest groups talking to them all the time, they have large numbers of papers and emails and phone calls to deal with every day. So if you approach them with a brilliant evaluation that is fifty pages long, complete with graphs and tables and lots of Greek equations, it will go straight to the bottom of the stack. And stay there.