Promoting Inclusive Markets and Financial Systems
Making Savings Work for the Poor: What We Know, What We Don't, and Where We're Headed
Day 1: The landscape of formal savings for the poor
Led by Jamie Zimmerman and Debbie Dean
In Day 1 of this Speakers Corner, we will examine the savings for the poor field in more depth, placing several of the field’s assumptions under the microscope such as highlighting ‘the definition of savings’, the idea that 'if you build it they will come', 'the business case for savings', and other assumptions to set the stage for the 3 day event. We'd like to engage the field in a discussion around which assumptions hold, which don’t and why.
Day 2: Exploration of what is working and why
Led by Rossana Ramirez and Jasmina Glisovic
At 4 pm EST New America Foundation will host a webinar on Youth Savings. The webinar will be facilitated by Rani Deshpande from Save the Children and Rossana Ramirez from Freedom from Hunger
During this second day we build on the discussion on savings for the poor by drawing examples of emerging good practices in savings strategies and policy interventions that seem most effective in enabling the poor to save, and have the potential to reach scale and be sustainable. We will discuss innovative approaches for better sourcing insights about client savings needs. The objective will be to gather ideas and examples of providers that use client insights to effectively design innovative savings products. We will also explore cost-effective product delivery mechanisms, especially those using technology. Examples will be drawn from particular markets, including youth.
Day 3: Road bumps and the way forward
Led by Jamie Zimmerman and Nisha Singh
At 4 pm EST New America Foundation will host a webinar on SPINNAKER. The webinar will be facilitated by Eric Tyler from the New America Foundation.
The final day of the Speakers Corner will lead to an honest assessment of what we still don't know, what research questions need to be answered, and what issues need to be addressed to ensure savings strategies are impactful and effective.