The document discusses the critical role of families in supporting children affected by AIDS through household economic strengthening interventions. It emphasizes the importance of enhancing household income and managing expenses to reduce economic vulnerability, and suggests strategies such as cash transfers, financial literacy, and diversifying income. Jason Wolfe, a senior technical advisor at USAID/PEPFAR, highlights practical steps to improve family financial stability to better support children in need.

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

2. Economic Strengthening PathwayExpand household income and consumptionDecreasing economic vulnerabilitySmooth household income and promote asset growthSmooth household consumption and manage household cashflowBuild self-insurance mechanisms and protect key assetsRecover assets and stabilize household consumptionI’m going to explain this to you in 10 minutes (or less)

3. Economics at the Family LevelSmallFoodIrregularShelterHealthcareUnpredictableIncome generationIncomeExpensesoften our priorityalways their priority

4. Families in Destitution(virtually)non-existentincome(virtually)non-existentexpensesProvisionRebuild consumption capacity :: cash transfers, asset transfers Invest in safety nets before families get to this point

5. Families Struggling to Make Ends MeeterraticincomeerraticexpensesProtectionStrengthen money management :: savings, credit, storage, financial literacy

6. Families Prepared to Growconsistent(though low)expenseserraticincomePromotionDiversify & grow income :: increase productivity for existing IGAs invest in new, complementary, & low-risk IGAs

7. In a NutshellKnow your families and their vulnerabilitiesBuild on natural household behaviorsWhen in doubt, strengthen money management – especially through savings

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