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Household Economic Strengthening Concepts & Principles Jason Wolfe USAID/EGAT “ AIDS does not kill suddenly, but it comes and takes a lot of money away with it.” —Microfinance client, Uganda
WHAT IS ECONOMIC STRENGTHENING? ,[object Object],Ability to cope with shocks ,[object Object],[object Object],[object Object],[object Object]
HOUSEHOLD ASSETS Source: www.livelihoods.org Human Social Natural Physical Financial
HOUSEHOLD ECONOMIC MODEL ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Credit  Providers Social  Networks Inputs & Expenditures Income & Other Additions Source: M. Chen & E. Dunn, “Household Economic Portfolios”, AIMS, 1996
STRATEGIES FOR COPING WITH SHOCKS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Source: E. Dunn, N. Kalaitzandonakes, C. Valdiva, “Risks and the Impacts of Microenterprise Services”, AIMS, 1996
MARKET SYSTEMS ,[object Object],[object Object],[object Object],[object Object],[object Object],Source: O. Kula, J. Downing, M. Field, “Globalization and the Small Firm”, AMAP, 2006 Global Enabling Environment National Enabling Environment Financial (cross cutting) Input Suppliers Sector specific providers Cross-cutting providers Producers Wholesalers Exporters National Retailers Processors/Traders Global Retailers
ECONOMIC STRENGTHENING PATHWAY Recover assets and stabilize household consumption Build self-insurance mechanisms and protect key assets Smooth household income and promote asset growth Smooth household consumption and manage household cashflow Expand household income and consumption Decreasing economic vulnerability
TARGETING & ENTRY POINTS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PROGRAM STRATEGIES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
FACILITATION TACTICS & PRACTICES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PRINCIPLES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
ADDITIONAL RESOURCES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Asanteni Sana! Jason Wolfe, Enterprise Development Advisor USAID Microenterprise Development office jwolfe@usaid.gov  |  [email_address]

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Household Economic Strengthening: Concepts & Principles

  • 1. Household Economic Strengthening Concepts & Principles Jason Wolfe USAID/EGAT “ AIDS does not kill suddenly, but it comes and takes a lot of money away with it.” —Microfinance client, Uganda
  • 2.
  • 3. HOUSEHOLD ASSETS Source: www.livelihoods.org Human Social Natural Physical Financial
  • 4.
  • 5.
  • 6.
  • 7. ECONOMIC STRENGTHENING PATHWAY Recover assets and stabilize household consumption Build self-insurance mechanisms and protect key assets Smooth household income and promote asset growth Smooth household consumption and manage household cashflow Expand household income and consumption Decreasing economic vulnerability
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13. Asanteni Sana! Jason Wolfe, Enterprise Development Advisor USAID Microenterprise Development office jwolfe@usaid.gov | [email_address]