Publication: Early Insights from Financial Diaries of Smallholder Households
Loading...
Date
2015-03
ISSN
Published
2015-03
Author(s)
Editor(s)
Abstract
Renato and Hecinta are raising six young children in a rural area of Mozambique’s northern Nampula Province. On just half a hectare, they grow rice, maize, beans, cashew, peanuts, cabbage, and tomatoes, selling what they can and eating the rest. But, like many of the 475 million smallholder household’s worldwide, agricultural production is just one of their many income-generating activities. They balance several sources of income, within and outside of agriculture, while juggling a range of family needs and using an equally diverse portfolio of financial tools. The Smallholder Diaries will provide a holistic picture of the financial lives of smallholder households not only as agricultural producers, but also as consumers, laborers, and off-farm entrepreneurs. The ultimate goal of this research is to translate the insights from the Smallholder Diaries into financial tools and provider practices that more effectively respond to the needs and preferences of this important client group. Drawing on initial data, this Focus Note shares early insights from the smallholder diaries, providing a first look at how smallholder households weave together agricultural and nonagricultural sources of income and employ a range of financial tools to meet their families’ needs. A nuanced picture of smallholder families will continue to emerge as more data are collected, with increasing focus on how they anticipate and manage risk, make household financial decisions, and leverage a range of financial tools.
Link to Data Set
Citation
“Anderson, Jamie; Ahmed, Wajiha. 2015. Early Insights from Financial Diaries of Smallholder Households. CGAP focus note,no. 102;. © World Bank. http://hdl.handle.net/10986/23498 License: CC BY 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Citations
Collections
Related items
Showing items related by metadata.
Publication Non-traditional Crops, Traditional Constraints : Long-Term Welfare Impacts of Export Crop Adoption among Guatemalan Smallholders(2009-11-01)This study documents the long-term welfare effects of household non-traditional agricultural export (NTX) adoption. The analysis uses a unique panel dataset, which spans the period 1985-2005, and employs difference-in-differences estimation to investigate the long-term impact of non-traditional agricultural export adoption on changes in household consumption status and asset position in the Central Highlands of Guatemala. Given the heterogeneity in adoption patterns, the analysis differentiates the impact estimates based on a classification of households that takes into account the timing and duration of non-traditional agricultural export adoption. The results show that while, on average, welfare levels have improved for all households irrespective of adoption status and duration, the extent of improvement has varied across groups. Long-term adopters exhibit the smallest increase in the lapse of two decades, in spite of some early gains. Conversely, early adopters who withdrew from non-traditional agricultural export production after reaping the benefits of the boom period of the 1980s are found to have fared better and shown greater improvements in durable asset position and housing conditions than any other category.Publication Rwanda Poverty Assessment(World Bank, Washington, DC, 2015-04)The last poverty assessment for Rwanda was conducted in 1997. Three years after the genocide, the country was characterized by deep and widespread poverty, rock-bottom health indicators, and pervasive hunger and food insecurity. In real terms, gross domestic product (GDP) per capita was lower than it had been in 1960. In real terms, the economy quadrupled between 1995 and 2013. Enrolment in primary school is near universal and infant and child mortality are among the lowest in Africa. A large part of the population, including the extreme poor, is covered by public health insurance. This poverty assessment focuses on the evolution of poverty and other social indicators over the past decade (2000-1 and 2010-11). Using data from a variety of sources, mainly the three household living standards surveys (EICV) and the three demographic and health surveys (DHS) conducted during the past decade, the poverty assessment documents trends in monetary and non-monetary dimensions of living standards and examines the drivers of observed trends. The aim of the poverty assessment is to provide policy makers and development partners with information and analysis that can be used to improve the effectiveness of their poverty reduction and social programs.Publication Comprehensive Assessment of the Agriculture Sector in Liberia : Volume 2, Sub-sector Reports, Part I(2007-01-01)The overall objective of the Comprehensive Assessment of the Agricultural Sector (CAAS) is to provide an evidence base to enable appropriate strategic policy responses by the Government of Liberia (GoL) and its development partners in order to maximize the contribution of the agriculture sector to the Government's overarching policy objectives. Given the strong relationship between growth in agricultural productivity and poverty reduction, future efforts in Liberia need to focus on productivity enhancing measures with a pro-poor focus that increase incomes. Growth based on extensification using traditional technologies is generally not profitable and has damaging implications for the environment. Given the low level of assets possessed by most Liberians, future efforts need to address the question of access to assets (i.e. land, knowledge and inputs) in addition to providing opportunities and an enabling environment. Liberia needs to make concerted efforts to preserve and consolidate its emerging stability by focusing on interventions to ensure food security and poverty alleviation at the community and household levels. Improving access to food and generating sustainable, remunerative activities and employment are crucial to this process. This report is designed to assist in indicating and specifying the potential role of specified agricultural commodity value chains in achieving the priority objectives of the government by focusing on small holders, traditional farming, and food security and forms an input for the preparation of a strategic orientation framework to achieve sustainable food security, nutrition and agricultural development. This report reviews gender issues in Liberia's agriculture and rural sector with a special focus on rural women and how to improve their participation and contribution to rural development. The report reviews women's roles in agriculture and the rural economy; their access to key inputs and services which are essential to carry out their socio-economic role in rural areas; as well as gender-related social trends and problems that may have an impact on productivity and poverty reduction in rural areas. The assessment also reviews the institutional and policy framework for agriculture and rural development and identifies opportunities to improve the rural sector's capacity to address gender issues and support female farmers and rural entrepreneurs. The findings and recommendations will inform the reform of the sector, currently underway, and thereby support the GoL poverty reduction effort and the implementation of the Interim Poverty Reduction Strategy Paper (IPRSP).Publication Sri Lanka - Agricultural Commercialization : Improving Farmers’ Incomes in the Poorest Regions(World Bank, 2009-05-12)The issue of regional differences in development has moved to the center of the development debate in Sri Lanka, partly after the release of regional poverty data. For the past many years, there have been significant and increasing differences between the Western province and the rest of the country in terms of per capita income levels, growth rates of per capita income, poverty rates, and the structure of provincial economies. The structure of the report is as follows: chapter two looks at the poverty/growth/agriculture nexus in the poorest regions of Sri Lanka. It presents data on poverty and growth in the poorest provinces, especially Uva and Sabaragamuwa, and provides an analysis of factors associated with the rural poor. Chapter three provides an overview and brief discussion of the Government's agricultural policies and programs. Chapter four identifies constraints that restrict farmers' incomes in the four poorest provinces. It presents results from extensive stakeholder consultations carried out in these provinces. These results are complemented with findings from the 2005 rural investment climate assessment to identify some of the general constraints in the agriculture sector in Sri Lanka. Chapter five presents the findings of an agricultural resource audit of small-scale farmers in the poorest regions that analyzed production, poverty and market data. The chapter identifies income opportunities, in particular for a few agricultural products with high income potential for poor farmers, whose production could take off with appropriate interventions. This chapter also provides a value chain analysis of these products and identifies product-specific constraints and gaps in the current policy portfolio that could potentially limit the Government's capacity to support the whole range of needed interventions. Drawing on the findings in previous chapters, chapter six presents' recommendations. One set of recommendations is specific to the three products with high income potential and focuses on effective interventions for their production. Another set consists of cross-cutting recommendations that would further improve performance in the targeted areas but also benefit agricultural production more broadly. Chapter seven sums up and concludes.Publication Rural Households in a Changing Climate(2013-01)This paper argues that climate change poses two distinct, if related, sets of challenges for poor rural households: challenges related to the increasing frequency and severity of weather shocks and challenges related to long-term shifts in temperature, rainfall patterns, water availability, and other environmental factors. Within this framework, the paper examines evidence from existing empirical literature to compose an initial picture of household-level strategies for adapting to climate change in rural settings. The authors find that although households possess numerous strategies for managing climate shocks and shifts, their adaptive capacity is insufficient for the task of maintaining -- let alone improving -- household welfare. They describe the role of public policy in fortifying the ability of rural households to adapt to a changing climate.
Users also downloaded
Showing related downloaded files
Publication Environmental Flows in Water Resources Policies, Plans, and Projects : Findings and Recommendations(World Bank, 2009)The overall goal of the analysis presented in this report is to advance the understanding and integration in operational terms of environmental water allocation into integrated water resources management. The specific objectives of this report are the following: 1) document the changing understanding of environmental flows, by both water resources practitioners and by environmental experts within the Bank and in borrowing countries; 2) draw lessons from experience in implementing environmental flows by the Bank, other international development organizations with experience in this area, and a small number of developed and developing countries; 3) develop an analytical framework to support more effective integration of environmental flow considerations for informing and guiding: (a) the planning, design, and operations decision making of water resources infrastructure projects; (b) the legal, policy, institutional, and capacity development related to environmental flows; and (c) restoration programs; and 4) provide recommendations for improvements in technical guidance to better incorporate environmental flow considerations into the preparation and implementation of lending operations.Publication World Development Indicators 2010(World Bank, 2010-04-01)The 1998 edition of world development indicators initiated a series of annual reports on progress toward the International development goals. In the foreword then, World Bank President James D. Wolfensohn recognized that 'by reporting regularly and systematically on progress toward the targets the international community has set for itself, the author will focus attention on the task ahead and make those responsible for advancing the development agenda accountable for results.' The same vision inspired world leaders to commit themselves to the millennium development goals. On this, the 10th anniversary of the millennium declaration, world development indicators 2010 focuses on progress toward the millennium development goals and the challenges of meeting them.Publication Stolen Asset Recovery : A Good Practices Guide for Non-conviction Based Asset Forfeiture(World Bank, 2009)The guide is organized into three major parts: Part A first provides an overview of the problem of stolen assets and the problem of recovering the assets once they are transferred abroad. Second, it describes how the international community has taken steps to respond to the problem through United Nations Convention against Corruption (UNCAC) and the Stolen Asset Recovery (StAR) Initiative. UNCAC introduced a new framework to facilitate the tracing, freezing, seizing, forfeiture, and return of assets stolen through corrupt practices and hidden in foreign jurisdictions. The StAR Initiative developed an action plan to support the domestication and implementation of asset recovery provisions under UNCAC, to facilitate countries' efforts to recover stolen assets that have been hidden in foreign jurisdictions, and ultimately, to help deter such flows and eliminate safe havens for hiding corruption proceeds. Third and finally, Part A introduces non-conviction based (NCB) asset forfeiture as one of the critical tools to combat corruption, describing the situations when it is useful, how it differs from criminal forfeiture, its usefulness in civil and common law jurisdictions, and the support it has gained internationally. Part B contains the 36 key concepts. The concepts have been grouped together by topic area, including prime imperatives, definitions of assets and offenses subject to NCB asset forfeiture, measures for investigation and preservation of assets, procedural and evidentiary concepts, determining parties and ensuring proper notice, judgment proceedings, organizational considerations and asset management, and international cooperation and asset recovery. The concepts are illustrated through examples from cases and excerpts from different jurisdictions' NCB asset forfeiture legislation. Part C contains a number of special contributions written by individual practitioners. The contributions focus on the general practice of NCB asset forfeiture and international cooperation in specific jurisdictions, namely Colombia, Guernsey, Ireland, Kuwait, Switzerland, Thailand, and the United Kingdom. In addition, some contributions illustrate a selection of NCB asset forfeiture practices, such as asset management, delegating certain roles to the executive branch, and pursuing forfeiture based on illicit enrichment.Publication Macroeconomic and Fiscal Implications of Population Aging in Bulgaria(World Bank, Washington, DC, 2014-02)Bulgaria is in the midst of a serious demographic transition that will shrink its population at one of the highest rates in the world within the next few decades. This study analyzes the macroeconomic and fiscal implications of this demographic transition by using a long-term model, which integrates the demographic projections with social security, fiscal and real economy dimensions in a consistent manner. The simulations suggest that, even under fairly optimistic assumptions, Bulgaria's demographic transition will exert significant fiscal pressures and depress the economic growth in the medium and long term. However, the results also demonstrate that the Government of Bulgaria can play a significant role in mitigating some of these effects. Policies that induce higher labor force participation, promote productivity and technological improvement, and provide better education outcomes are found to counteract the negative consequences of the demographic shift.Publication Opportunity Assessment to Strengthen Collective Land Tenure Rights in FCPF Countries(World Bank, Washington, DC, 2021-10)Governments, development institutions, and the private sector are increasingly turning to nature-based solutions to address the world’s climate and biodiversity crisis. Countries, corporations, and investors are increasingly looking to forest- and land-based emission reduction programs (ERPs) to achieve early mitigation gains while they develop longer-term strategies and solutions to cut their greenhouse gas emissions. Central to emerging natural climate solutions are efforts to reduce deforestation and forest degradation while encouraging restoration, conservation, and sustainable use of forests in developing countries. The Forest Carbon Partnership Facility (FCPF), which became operational in June 2008, is a global partnership focused on reducing emissions from deforestation and forest degradation, forest carbon stock conservation, the sustainable management of forests and enhancement of forest carbon stocks (REDD+). Communal land and forest tenure rights for Indigenous Peoples and local communities (IPLCs) is critical for the success of emission reduction program (ERP) implementation. The remainder of this report is structured as follows. Section 2 provides an overview of the analytical and methodological approach of the study. Section 3 discusses core findings about the nature and range of emergent opportunities associated with efforts to advance, strengthen, and leverage rights and presents the main opportunities in six selected countries. Section 4 discusses lessons learned and cross-cutting areas for further development of rights recognition as a global process. Section 5 provides a summary of the country profiles.