Presentation delivered at the 5th Global Partners Forum on Children Affected by HIV and AIDS on June 3, 2011. A highly summarized version of previous presentations on household economic strengthening.

1. THE ROLE OF FAMILIES IN THE PREVENTION, CARE AND SUPPORT OF CHILDREN AFFECTED BY AIDS Household Economic Strengthening Interventions Jason Wolfe, Senior Technical Advisor • USAID/PEPFAR • June 3, 2011 5th Global Partners Forum on Children Affected by HIV and AIDS

2. Economic Strengthening Pathway Expand household income and consumption Decreasing economic vulnerability Smooth household income and promote asset growth Smooth household consumption and manage household cashflow Build self-insurance mechanisms and protect key assets Recover assets and stabilize household consumption I’m going to explain this to you in 10 minutes (or less)

3. Economics at the Family Level Small Food Irregular Shelter Healthcare Unpredictable Income generation Income Expenses often our priority always their priority

4. Families in Destitution (virtually) non-existent income (virtually) non-existent expenses Provision Rebuild consumption capacity :: cash transfers, asset transfers Invest in safety nets before families get to this point

5. Families Struggling to Make Ends Meet erratic income erratic expenses Protection Strengthen money management :: savings, credit, storage, financial literacy

6. Families Prepared to Grow consistent (though low) expenses erratic income Promotion Diversify & grow income :: increase productivity for existing IGAs invest in new, complementary, & low-risk IGAs

7. In a Nutshell Know your families and their vulnerabilities Build on natural household behaviors When in doubt, strengthen money management – especially through savings

8. Thank You! Jason Wolfe jwolfe@usaid.gov (202) 712-1882