In Burkina Faso, households have access to few resources for facing numerous health and environmental shocks. Economic games were used to introduce health savings accounts (HSAs) and health loans to participants, mimicking real-life products by a local financial service provider (FSP).
To fill some of the gaps in knowledge about how financial services contribute to household resilience, a series of financial diaries and qualitative data were collected among 46 women in rural Burkina Faso. Results from the study revealed that the demand for financial services to anticipate and cope with shocks appears widely unmet.
How do you know “Resilience” when you see it? Characteristics of Self-perceived Household Resilience among Rural Households in Burkina Faso
The primary goal of this paper is to identify the characteristics of self-perceived resilience among a small sample of women in rural Burkina Faso. The findings from this paper provide unique insights into the set of factors, if reinforced by financial institutions and development practitioners, that are likely to strengthen household resilience.
Designing Financial Services to Respond to Household Shocks: A Case Study of RCPB’s Health Savings and Loan Product
This case study follows the experience of Reseau des Caisses Populaires du Burkina Faso (RCPB), a credit union network based in Ouagadougou, Burkina Faso, in designing a health savings product and health loan (which could be accessed only when a health savings account was in use and depleted of funds) that clients could use to address health costs.
October 19, 2015
Idrissa Kamara receiving the first vaccine in the EBOVAC-Salone trial in Kambia, Sierra Leone (Photo: Alexandra Donaldson, LSHTM)
By Monica Amponsah, Regional Program Manager, EBODAC Project, Grameen Foundation
This is a summary of our five-year report on the MOTECH Ghana project's experience using mobile technology to help reduce preventable maternal and child deaths.
Mobile health is a technology with enormous potential, just a fraction of which has been tapped so far. Among our efforts to realize this potential, the MOTECH program in Ghana is one of our proudest innovations.
Though mobile financial services offer microfinance institutions an important new channel to serve clients, their staff remain their most valuable asset. This is an important consideration for institutions as transitioning to mobile-based services will require all of their departments to navigate change.
Despite the large sums of money being poured into digital financial services around the world, enrollment and usage remain low and few services reach those who need them most. Grameen Foundation worked with two institutions that offer microfinance services in Uganda to help increase the adoption of digital services among current and potential clients.
With the rapid growth of mobile money services, financial providers are testing ways to use this distribution option. The infrastructure offered by mobile money operators allows financial services providers to reduce distribution costs and increase staff efficiency, while customers benefit from having more convenient and lower-cost financial access points.