Emergency (Hand) Loan

March 2011
By FAI, ideas42 at Harvard University, and International Finance Corporation at the World Bank

Emergency (Hand) Loan
Emergencies can derail families and prevent them from getting ahead. This study describes the design, implementation, and results of a pilot emergency (“hand”) loan product in India. The product achieved its original intent, but the pilot encountered considerable institutional and execution challenges. The experience generated lessons for future product innovation.