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Study • Finance · Savings

Female Empowerment: Impact of a Commitment Savings Product in the Philippines

Nina AshrafWesley YinDean Karlan

Summary by BHUB

A randomized evaluation found that clients who were offered commitment savings accounts saved an extra 235 pesos over the first six months of the program, and an extra 411 pesos during the first year.

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Tactics used

G

TACTICS

Goal Setting

C

TACTICS

Commitment Devices

Behaviors addressed

Savings

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