Pilot Program to Encourage Monetary Savings

Partners/ participating entities

• Fondo de Solidaridad e Inversión Social
  (Solidarity and Social Investment Fund)
   
• Programa Puente
  (Bridge Program)
   
• Banco Estado
  (Bank State)
   
• Banco Santander Banefe
  (Santander Banefe Bank)
   
• Cooperativa de Ahorro y crédito - COOCRETAL
  Savings & Loan Cooperatiave

    

State of the project

Implementation: The project will begin in June 2010.

Target group

Women and men, second-year beneficiaries of the Bridge Program, who receive conditional cash transfers from that program.

Scope of project

Geographic coverage: 3 regions 

• Coquimbo Region
• Metropolitan Region
• Maule Region

Number of beneficiaries: 2,000

Project time frame

The first stage of the project has a two-year time frame. When that period ends, the beneficiaries are expected to have developed the habit of saving.