2012 SEEP Annual Conference Plenary: New Strategies in Building Assets for the Ultra Poor

  • Date Posted: November 23, 2012
  • Authors: Camilla Nestor, Frank DeGiovanni, Leonardo Alvarez, Carlos Alberto Moya Franco
  • Document Types: Other
  • Donor Type: Non-Governmental Organization

This was the final plenary session of the 2012 SEEP Annual Conference.

Over the past decade, national governments and development agencies have established and grown a number of social safety net schemes – such as conditional cash transfers – for the ultra-poor. They also have increasingly recognized the importance of sharpening their targeting to create programs specifically adapted to the conditions facing the ultra-poor and to their capacities.

This plenary focused on emerging methodologies designed to assist the ultra-poor to build financial and non-financial assets, including their savings and entrepreneurial skills. In this context, the ultra-poor are defined as those living on $1.25 per day or less. The panelists – including Frank DeGiovanni, Leonardo Alvarez, Carlos Alberto Moya Franco, and Camilla Nestor examined – how microenterprise development and microfinance practitioners can link to and leverage the enormous cash outlays associated with social safety net programs to create asset-building pathways that support sustainable livelihood development by and for the ultra-poor. They also explored how better targeting, when combined with innovative financial inclusion and market facilitation strategies, can strengthen the economic potential of the ultra-poor.

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