300
Participants
Start Date
September 3, 2018
Primary Completion Date
December 18, 2018
Study Completion Date
December 18, 2018
Prize-linked savings
"Participants will be eligible for prizes based on the amount by which their account balance goes up in each period (e.g. for every 100 Ksh by which savings increases, participants get an entry into a lottery for monetary rewards where they have a small probability of winning a larger amount, or a larger probability of winning a smaller amount of money). This type of prize-linked savings intervention has been shown to promote savings in other settings.~Other intervention components may include education materials to explain how the prize-linked savings incentives work and that emphasize the potential benefits of saving money. Participants in the intervention group will be encouraged to have more consideration for their future health and economic status, as this may motivate them to save more money. They will also be encouraged to consider the opportunity and health cost of their expenditures on alcohol and transactional sex and not miss the opportunity to win prizes by saving money."
University of Pennsylvania, Philadelphia
Impact Research & Development Organization
OTHER
Innovations for Poverty Action
OTHER
Bill and Melinda Gates Foundation
OTHER
University of Pennsylvania
OTHER