What?HOW CAN WE HELP YOU?
What financial inclusion obstacle are we supporting low-income people to navigate? What financial capability are we attempting to enable or develop? What – gives you access to MFO’s select publications organized around the content of a financial education curriculum or training manual. You can also gain access to the full set of Global Financial Education Program materials here.Not finding what you are looking for? Click here.
Micro and Small Enterprises
Micro and small enterprises (MSEs) are those that are run on a small scale with few if any employees and relatively smaller sums of money when compared to larger enterprises. Owners of MSEs can benefit from financial education focused on enabling them to track and manage their money effectively, including separating household and business cash flows.
Money management is the way in which an individual or household handles his/her money. It involves various components such as tracking income and expenditures, budgeting, saving, and borrowing.
Remittances are money transfers conducted between people who are geographically distant from each other. New technologies, such as mobile money, have lowered the cost and increased the geographic reach of remittance services. MFO conducts research on remittances and also provides financial education around the management of remittances.
Savings is money put aside by an individual or household for use in the future. Savings is yet another vital component of financial capability in that it provides a means to manage cash flow and risk, smooth consumption, and accumulate funds for asset purchases. MFO’s numerous financial education curricula invariably include modules on savings.
Social support is the support an individual receives from other individuals and organizations within the society in which they live. One way to conduct research on the social support an individual has is to gather data on the social network in which they are embedded, and the social norms about what people should expect from each other in terms of support.