Resilience in Action Series: Financial Services
The Resilience in Action Series aims to bring development practitioners one step closer to bridging the gap between theory and practice for integrating a resilience lens in programming, answering questions such as: How does a resilience lens change the design of interventions in key sectors? How do we shift design and implementation of interventions to promote resilience-building within programs?
This brief aims to better equip practitioners and financial service providers in considering risk and resilience in financial service program design, as well as considering which meso and macro-level mechanisms can help support financial systems resilience.
To move recommendations from the realm of theory to practice, we highlight the following:
1) Guidance questions to apply resilience thinking, and
2) Types of financial products and services that have been shown to build resilience via case studies. Design considerations are discussed throughout, and key considerations are summarized at the end of the paper.
Other briefs in this series include: