New MRR research from Nepal finds that pandemic-related shocks for rural households coincided with the government-imposed national lockdown and that women who took part in a livelihood-building program before the pandemic were more resilient by being in a stronger financial position.
A new study from rural Nepal shows that when people have higher aspirations, up to a point, they tend to make greater investments toward a better future. However, when aspirations are too high compared to one's current status, those investments are most likely to fall.
The typical challenges of basis risk and low uptake have plagued index insurance products for years, but AMA Innovation Lab researchers are crafting solutions by designing innovations around the structure of the insurance contracts.
A deeper understanding of what causes the poor to be reluctant to plan, save and invest in their future may provide valuable insights into designing interventions that address the source of the problem, not just the symptoms, to create lasting change.
Because the VISA Model uses savings groups to aggregate small purchases into one larger purchase, and to pass on to the insurance company, the operating costs of the company are reduced and the sales increased.
In the wake of the earthquake, Heifer Nepal deployed a 3-fold response: immediate relief, livestock-related relief, and implementation of a revolving fund that established interest free loans to affected Heifer beneficiaries.