Economic
Policy
Research
Institute

Economic Policy Research Institute

   

Social transfer payments and financial inclusion

A two-day training seminar
for policy-makers

Mombasa, Kenya
30 November - 1 December 2010


About the course


Bankable Frontier Associates and CGAP will deliver a two day training seminar on payment mechanisms for social transfer payment programs. This seminar is offered as an elective to delegates attending
a two week course offered by EPRI and African Institute for Health and Development (AIHD), but we are pleased also to be able to offer participation as a two day stand-alone event to other participants.

Designing and implementing the right payment strategy for social transfers has a material effect on their outcome and impact. For one thing, payment arrangements can be expensive—typically costing 2 to 10% or more of the sums disbursed, excluding any costs due to leakage—and for another, they affect the experience of the recipients in significant ways—for example, how far they have to travel to receive a payment and how safe their money is. Payment arrangements can also be designed to go further than simply delivering cash: they may also offer an account which brings the recipient into the world of formal financial services—enabling her to save in a safe place, among other things. Such financially inclusive payment arrangements may enhance the developmental impact of social transfers.

Already, large cash transfer programs in middle income countries such as Brazil, Mexico and South Africa are actively promoting financially inclusive payment options. Mexico for example now requires that by 2012 all recipients open bank accounts into which to receive payments. New technologies are enabling the use of branchless channels to serve clients in a cost effective way. In India and Kenya, local shop keepers make payouts to recipients and can offer other financial services.

This two day training seminar, conducted in English, aims to provide decision makers responsible for new and existing social transfer programs in Africa with a practical understanding of the range of payment options which are now available. Then, the seminar shows how these options can be incorporated into the design of new generation payment arrangements for new and existing social transfer programs. The course provides a practical introduction to the approach set out in the 2009 DFID manual, Designing and Implementing Financially Inclusive Payment Arrangements for Social Transfer Programs. Course faculty from Bankable Frontier Associates were the lead authors of this manual.

Partners
This course is being offered in conjunction with a two-week course run by the Economic Policy Research Institute (EPRI) and the African Institute for Health and Development (AIHD), with funding from the UK Department for International Development (DFID).

About Bankable Frontier Associates

Bankable Frontier Associates is a niche consulting firm based in Boston, Massachusetts, USA. The firm specialises in policy, strategy and research around new channels for financial services. Clients include bi-lateral and multi-lateral donors and private foundations as well as telco and banking groups, and financial regulators in various countries. Faculty from Bankable Frontier Associates were the lead authors of the 2009 DFID manual, Designing and Implementing Financially Inclusive Payment Arrangements for Social Transfer Programs.

About CGAP

CGAP, short for Consultative Group to Assist the Poor, is an independent policy and research centre dedicated to advancing financial access for the world's poor. It is supported by over 30 development agencies and private foundations who share a common mission to alleviate poverty. Housed at the World Bank, CGAP provides market intelligence, promotes standards, develops innovative solutions and offers advisory services to governments, microfinance providers, donors, and investors.

About EPRI

The
Economic Policy Research Institute is a South African-based non-governmental organisation with extensive experience in social protection research, policy advisory work and capacity-building. EPRI has designed and taught tailor-made courses and programmes to meet the specific needs of national parliaments, government departments and civil society organisations.

 
Who should attend?


• Social transfer scheme decision makers;

• Finance ministry officials and financial regulators;

• Donors responsible for commissioning or designing these schemes.

By attending, you will come to:

Understand leading practices by innovative schemes in different parts of the world;

Gain insights on how to get more effectiveness and efficiency out of payment mechanisms for social transfers;

Learn how to design efficient and financially inclusive payment arrangements for social transfer programs;

Network with other policy makers who are considering financial inclusion as part of their social protection policy.

Course format

The seminar is delivered by Bankable Frontier Associates in partnership with CGAP over two days as an elective within EPRI’s two week course on designing and implementing social transfer programs funded by DFID. The seminar uses a variety of session formats, from presentation with question and answer, to role plays and practical case studies. The case studies are from East Africa, as they are most relevant for African delegates, although the knowledge and skills gained will be global in application. Participants will include delegates from the two-week EPRI and AIHD course who elect this seminar, as well as outside participants who register only for the seminar.

A full binder of presentation material is provided, together with a memory stick containing all relevant supporting readings.

Tuition and costs

The cost for this two-day course is £520 (GBP), which includes tuition, materials and the comprehensive facilities fee. Packages including accommodation, meals and airport transfers in Mombasa are also available..

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For more information or to apply by post or fax, please email africacourses@epri.org.za or contact EPRI at:

3rd Floor Sanclare Building
21 Dreyer Street, Claremont
Cape Town, South Africa 7700

Tel: +27 21 671 3301
Fax: +27 21 671 3157

     
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