Integrating Financial Capability into Government Cash Transfer Programs

The purpose of this toolkit from the World Bank is to demonstrate the importance of financial capability, to describe its benefits for social cash transfer recipients, and to provide instruction and guidance on how to integrate financial education into government led cash transfer programs. The toolkit is intended to provide reference material for policy makers, practitioners, and researchers to use when designing, implementing, and integrating financial education into government cash transfer programming.

The toolkit suggests key approaches, with reference to pretested instruments, for integrating financial education into cash transfer programs. The instruments in this toolkit were selected as examples because:

(i) they are well established (that is, they have been used repeatedly over time);

(ii) they have a focus on demand-side aspects of programming (that is, strategies to focus on the needs of beneficiaries); and

(iii) they are well documented with sufficient reference materials for guidance