DP12653 Unpacking a Multi-Faceted Program to Build Sustainable Income for the Very Poor

Author(s): Abhijit Banerjee, Dean S. Karlan, Robert Osei, Hannah Trachtman, Christopher Udry
Publication Date: January 2018
Date Revised: April 2020
Keyword(s): Development, poverty trap, social protection
JEL(s): D12, O12, O17
Programme Areas: Development Economics
Link to this Page: cepr.org/active/publications/discussion_papers/dp.php?dpno=12653

A multi-faceted program comprising a grant of productive assets, training, coaching, and savings has been found to build sustainable income for those in extreme poverty. We focus on two important questions: whether a mere grant of productive assets would generate similar impacts (it does not), and whether access to a savings account and a deposit collection service would generate similar impacts (it does not).