Household Economic Strengthening Interventions

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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.

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.

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  • 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