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Unleashing Women Entrepreneurs by Challenging Gender Norms: An Innovative Approach to Changing Beliefs Around Household Chores
Globally, women and girls are responsible for three-quarters of unpaid care work, due to the still-common belief that a woman’s role in society is to take care of the home. As Trisha Clauson at Bopinc and Annegien Langedijk-Wilms at Growing Initiatives explain, this is preventing countless women entrepreneurs from building their businesses, reducing emerging markets' GDP by trillions of dollars. They explore an innovative program that leveraged mass media to foster more equitable gender norms around household chores in Nigeria, sharing learnings that can be used by other organizations supporting women entrepreneurs.
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- Uncategorized
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Applying Behavioral Science to Program Staff: An Under-Explored Path to Strengthening Global Anti-Poverty Programs
Evidence suggests that applying behavioral science to global anti-poverty programs can increase their impact—typically by encouraging positive behaviors among program participants. But Mukta Joshi and Faraz Haqqi at ideas42 point out that the behavior of program staff has not received the same level of attention, even though staff directly shape a program's potential for impact. They explore how behavioral science can be used to optimize the behaviors of anti-poverty program staff, offering a powerful new channel for improving lives and livelihoods.
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- Uncategorized
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How Behavioral Science Can Improve Digital Services: Exploring the Impact of an Innovative Accelerator Program on Social Enterprises in Latin America
Though behavioral science is a relatively new field of study in Latin America, it is increasingly being leveraged to address financial inclusion and other needs in the region – and it has particular relevance to social enterprises working in the digital space. Juan Pablo Marichi at New Ventures and Santiago Mesa at Acceso explore how New Ventures' SUMA accelerator program has applied the study of behavioral science to the issues of financial health and inclusion, and share some lessons that participants – including Acceso – have learned in the process.
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- Agriculture, Finance, Social Enterprise, Technology
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Avoiding the Downside of Instapay: Five Behavioral Science-Based Principles to Make Paycheck-on-Demand Benefit Low-Income Users
There are numerous apps and employers that allow employees to cash out their paychecks on demand, rather than waiting until their usual payday. But while this may seem like a dream come true for people who need quick cash to deal with financial distress, "instapay" also comes with tradeoffs. Analysts at Common Cents Lab discuss these downsides – and some behavioral science-based solutions.
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- Coronavirus, Finance, Technology
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Post-Pandemic Funding Solutions for Struggling Social Entrepreneurs
Small business owners across the United States are confronting the fact that financial help from the federal government, if it comes at all, may not be enough to weather the COVID-19 crisis. Economic fallout from the pandemic and the specter of a recession pose threats to every entrepreneur, especially to those in the business of creating social impact.
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- Coronavirus
- Region
- North America
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Press Release: Vodacom M-Pesa Tanzania Goes Global
Hisham Hendi, Vodacom Tanzania CEO lauds the move as crucial support for the remittance ecosystem. The mobile Money services continues to drive economic growth in Africa.
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- Coronavirus, Finance
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Coronavirus May Cost Africa $4.8 Billion in Crop Exports
The coronavirus pandemic could cost Africa as much as $4.8 billion in lost agricultural exports and affect the livelihoods of 10 million farmers, McKinsey & Co. said.
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- Agriculture, Coronavirus, Finance, Health Care
- Region
- Sub-Saharan Africa
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Formal Insurance for Informal Labor: How Microinsurance Can Cover Young Workers in the Gig Economy
The gig economy is a growing source of employment for youth in emerging markets. But these workers often face a lack of social benefits, including access to insurance – and this vulnerability has been highlighted by the COVID-19 pandemic. Analysts at MSC discuss some innovative ways insurers can extend some of the formal economy's protections to these informal workers.
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- Finance
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