February 25, 2015
In this special edition of The FAIV, we round up some of the best commentary and analysis of the publication of six microcredit evaluations in the January edition of the American Economic Journal: Applied Economics.
On Friday, February 27th, The World Bank will also host a ...
February 20, 2015
1. Informal Finance: FAI's Executive Director Jonathan Morduch discusses what makes informal finance so popular and how financial institutions can respond. NextBillion
2. Cash Transfers: Electronic payments are a fast and effective way to administer cash transfer programs. But what about in failed states, where the lack of infrastructure means driving large piles of cash around to beneficiaries?...
February 18, 2015
Despite the long-awaited publication of six impact evaluations of microcredit, there are still many questions to be answered. But I worry about whether we will ever get answers. I don’t think that anyone involved in the impact evaluations would consider them to be the “final word” but that may be, de facto, what they are.
Back in 2011 the Development Impact blog published a survey of young...
February 13, 2015
February 11, 2015
Financial Access Initiative
In the past, we've talked about what savings groups are and how they work as an effective tool to help poor families build savings and better manage their financial lives. In our latest installment in this series, we explore the idea of incorporating the mechanisms that make savings groups work in products and contexts outside of the group model.
If you liked the video and want to learn more, visit our...
February 9, 2015
In January, the American Economic Journal: Applied Economics published a special issue devoted to impact evaluations of microcredit. You can see an overview and some of my thoughts here (and some other write ups here and...
February 6, 2015
1. Mobile Banking: Rural customers in India rely on local bank agents and business correspondents to open new accounts. But the requirement (and cost incurred) for holding cash to cover withdrawals during busy periods is not worth the banking agents' while. Could mobile money pose a solution? The Economist
2. Microcredit: What...
January 30, 2015
1. Savings Groups: Forty-two percent of the 500 savings groups surveyed across five countries report linkages to a formal financial institution and the remaining 58 percent indicated "a strong interest" in linking to a bank account. The MasterCard Foundation
2. US Household Finance: New research shows 55 percent of American households have less than one month of income in savings, just...
January 23, 2015
1. The Gates Letter: The Gates Foundation, while relatively small in the universe of global development, has begun to play an agenda-influencing role. One of their areas of focus is mobile banking and payments. Quartz tells us more. Chris Blattman continues his tradition of grading the entire letter....
January 16, 2015
1. Microcredit: At long last, many of the microcredit evaluations we've been talking about for the last few years are officially published. The new issue of AEJ: Applied includes six evaluations of microcredit and an overview from Abhijeet Banerjee, Dean Karlan, and Jonathan Zinman. (Ungated versions of the papers are available at each of the authors' websites.) ...