How?HOW CAN WE HELP YOU?
Embarking on Consumer Research? At the front end of the financial education or capability development design journey? Building an implementation strategy? Not sure what methodology or technique to use? How – gives you access to MFO’s select publications explaining approaches such as Financial Diaries, Embedded Education, Empathic Design and much more…Not finding what you are looking for? Click here.
Financial Education equips people with knowledge and skills, and strengthens their attitudes and belief in themselves to make and exercise informed, confident and timely money management decisions.
Embedded Financial Education
Embedded education means the process of providing education at all existing and potential consumer contact points and ‘teachable moments’ within the existing operations of a financial service provider, telco or other organization. In other words, MFO “embeds” education within existing service delivery operations, rather than providing education as a stand-alone activity.
Financial Diaries are one of the innovative research methods used by MFO. They track the cash and non-cash monetary inflows/outflows of an individual or household in order to better understand their economic behaviour. MFO is a global leader in implementing Financial Diaries research projects having conducted them in five different countries. Examples of our work are seen below.
Focus Group Discussions
Focus group discussions are a qualitative research methodology that allows a researcher to gather data on the ideas, experiences, and opinions of people in a group setting. Focus groups are an effective market research tool that can be used to inform the design of a financial education curriculum.
- Savings and Financial Education for Girls in Mongolia: Impact Assessment Baseline Study
- Can Financial Education Change Behavior?
- Early Warning Signs: The Role of Geographic and Marketing Challenges in the AKAM Microinsurance Experience
- Savings and Financial Education for Girls in Mongolia: Impact Assessment Study
- Branchless Banking and Rural Outreach in Malawi: Opportunity International Bank of Malawi's Impact on the Market
In-Depth Interviews (IDIs) are a market research tool in which the interviewer asks an individual in-depth questions regarding his/her experience in a particular conceptual domain. MFO uses IDIs to supplement its Financial Diaries research as well as to better understand people’s financial decision-making. The latter data can be used to inform the development of financial education curricula.
- Taking Stock: Financial Education Initiatives for the Poor
- Microinsurance: Demand and Market Prospects - Laos People's Democratic Republic
- A Reinterpretation of Mandatory Savings-with Conditions
- Assessment of Health Microinsurance Outcomes in the Northern Areas, Pakistan-Baseline Report
- Client Satisfaction with Health Insurance in Uganda