Encouraging Effective & Inclusive Savings
The European Microfinance Award 2020 publication "Encouraging Effective & Inclusive Savings" pulls together the innovations and factors for success of the top-ten applicants, while outlining the enduring importance of access to savings to strengthen resilience of low-income households.
The 70 Award applicants represent an extraordinarily diverse range of savings initiatives, provided by different types of organization, and in all regions of the world. The qualities that distinguish the semifinalists are varied and cannot ever fit into a discrete category; they each do many different aspects of savings mobilization well. They are:
- Designing Products for People & Purpose.
- Enabling Saving through Delivery Innovation.
- Encouraging Clients to Save.