Commitments to Save - Innovations for Poverty Action
Commitments to Save - Innovations for Poverty Action
Commitments to Save - Innovations for Poverty Action
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Why might farmers have trouble saving?<br />
• Impatience<br />
– Value the present much more<br />
than the future<br />
• Self-control problems<br />
– Want <strong>to</strong> save <strong>for</strong> future, but<br />
often give in <strong>to</strong> temptation <strong>to</strong><br />
spend now<br />
• Social network makes high demands<br />
<strong>for</strong> sharing of resources<br />
– In<strong>for</strong>mal village insurance<br />
systems<br />
What our<br />
experiment<br />
potentially<br />
addresses<br />
13
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