In Colombia, in 2008, the government decided to make the payments for the Familias en Acción (Families in Action, FA) Program through deposits in a savings account opened in the name of each

beneficiary. Taking advantage of the beneficiaries’ inclusion in the financial system, the government decided to go even further and promote a cultural of formal savings. It designed the Culture of Savings Promotion Pilot  Project (Proyecto de Promoción de Cultura del Ahorro, PPCA), which included interventions involving two tools: financial education and cash incentives. It was clear, however, that if the pilot were to expand to include more beneficiaries in the future, robust, conclusive information about the results of the interventions would be needed. The decision was therefore made to accompany the implementation of the pilot with an impact evaluation. This paper presents the results of the first year of the pilot project’s operation, documenting its implementation, identifying constraints and bottlenecks, and determining what has been the most effective tool so far for promoting formal savings. Because the pilot has been under way for only one year, the results described in this paper are not yet conclusive, but they do point to trends in results of the comparison of the impact of various interventions on families’ savings behavior.

Below we make available a set of books, essays, documents, studies, etc that contain diverse information related to the Conditional Cash Transfer program’s of the countries we work with. 

Hoping that this information might be useful.

Below we make available a set of books, essays, documents, etc. that contain diverse information about the world"s financial education studies.

Hoping that this information might be useful.

Below we make available a set of books, essays, documents, etc. that contain diverse information about the world"s financial education studies.

Hoping that this information might be useful.