Projects

The Post Bank

nef (new economics foundation) received funding from the Levi Strauss Foundation for a project to link together for the first time two parallel strands of nef’s work – financial exclusion and the value of Post Offices to local communities.

Pilot Test of Different Motivation Systems To Increase Savings

Purpose
Recent research shows that a variety of levers can be used to support people who want to save without forcing someone to save who doesn't want to do it. Some of these levers are simple, making the process of saving easier. Others involve providing various incentives, financial or sociological, to influence people's behavior. Since individuals react to different incentives, an array of approaches should be used: there is no single solution.

Micro-Savings Programme

Purpose
RFA has launched a match saving programme in Belgium, aimed at people in precarious situations, to encourage saving behaviours by offering a financial bonus on the capital saved by participant. The mains objectives are 1/ to create 10 to 15 savings groups involving 150 people and to succeed in creating a "savings culture" and 2/ to communicate around this project to obtain more funding to continue developing the programme in the future.

MICRO-INSURANCE

Purpose
For 20 years, Adie's core mission has been to finance microentrepreneurs who don't have access to bank credit, especially those who are unemployed or receiving welfare; to supply support services to microentrepreneurs before, during and after the creation of their enterprise to ensure their sustainability; and to contribute to improving the institutional environment for microcredit and creation of enterprises.

Investment in the Future Program

Purpose
The program aimed to prove that some of the poorest people in Hungary, often living in rural communities, could meet long-term asset building goals. The program also set out to develop the financial skills of the Roma community to empower and make them less vulnerable to exploitative money lenders and their vicious financial circles.

Moreover, the program hoped that its participants could improve their financial situation and quality of life by:

IndigoKredit: The Learning Account Loan

Purpose (Ansatz)
The Levi Strauss Foundation, the City of Offenbach and the KIZ Non-Profit Limited Company (gGmbH) established a joint initiative micro lending-project in Offenbach that ran from November 2006 to July 2008.  The project was a response to the sizeable problems faced by female entrepreneurs from a migrant background in obtaining conventional loans for their enterprises that would allow them to plan further investments in their businesses.

Ethica, the game

Purpose
"Ethica" is a specially designed board game created by the Réseau Financement Alternatif (RFA) with the help of the Groupe One association. Its aim is to increase financial literacy and awareness of ethical financial products, with a focus on different types of users. The target audience are people whose incomplete knowledge makes them more vulnerable to current financial mechanisms: young people aged 15 to 25 and underprivileged groups. The project also has target intermediaries - the trainers - who work with these groups. 

Development of Self-Financed Communities (SFCs)

Purpose
With this project, ACAF has supported the creation of Self-Financed Communities (SFCs) among poor people (mainly immigrants) and provided them with technical assistance until they are able to operate autonomously. SFCs follow a “village bank” methodology: 10-40 members, self-managed, where members are owners and customers.

AssetNET

Runnymede coordinates ASSETnet (Asset & Ethnicity Network), a network focusing on ethnicity and asset building policies in Europe. ASSETnet aims to increase awareness and interest in asset-building policies generally and to engage ethnic minority and migrant groups in this work. ASSETnet has a online social network space to support learning and information sharing.

(f)in-fit – Financial Training for Migrants

Purpose
Politics and public discourse in Germany are encouraging the increased responsibility of citizens in the area of personal finance. Considering recent reforms in the social welfare system – in old-age provision, health care and coverage of personal risks such as vocational disability – an appropriate supply of financial services and access to finance plays a central role in current and future financial and social inclusion.

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