A $1.7m grant to Innovations for Poverty Action to test behavioural-based ‘labelling’ of financial products to increase the amount and impact of remittances sent by migrants to households in their home countries.
Potential to significantly increase remittances and improve household spending patterns and life outcomes
Natural path to scale via private sector given opportunity to increase revenues at low cost
Well-designed impact evaluation plan
Strong partnership between academics and a commercial institution, who have collaborated on the earlier phase of this workApply for funding