Reframing Financial Health: From Canary in a Coal Mine to a Thermostat for Action
Our submission in this paper is that impact measurement in financial inclusion, i.e., financial health measurement can, and ought to, play a more diagnostic role in financial inclusion strategy. This is the conceptual departure that the title of the paper describes as the shift ‘from a canary in a coalmine to a thermostat’.
Paisas to Prosperity: The Long Road to Savings
In this blog, we delve further to uncover the institutional, cultural, and evolutionary factors underpinning the challenges of engendering formal savings among LIHs.
Financial health Transcending from access to impact
Almost 65% of India’s population lives in its rural areas.1 India’s financial sector has seen unprecedented expansion, driven by policy initiatives, digital infrastructure and regulatory reforms. Initiatives like Pradhan Mantri Jan-Dhan Yojana (PMJDY), Aadhaar-linked banking, Unified Payments Interface (UPI) and digital lending have significantly improved access to financial services, particularly for underserved segments.
Reflections on the Theory of Impact for Mobile Instant Credit
Mobile Instant Credit (MIC) is rapidly growing as a financial inclusion tool, attracting policy and research interest. However, its impact remains understudied, with a weak Theory of Change. The blog highlights three overlooked impact areas and calls for insights from microfinance research.
Practitioner led solutions to ensure suitability in microcredit
The objectives of sustainable businesses are well-aligned with ensuring the financial health of households, and this holds true for all types of lending businesses.
A Change in Behavior: Innovations in Financial Capability – An Interview with Elisabeth Rhyne
In this blog post we interview Elisabeth Rhyne, MD, Center for Financial Inclusion, Accion, and co-author of the recently published study “A Change in Behavior: Innovations in Financial Capability”.
