Small and medium enterprises (SMEs) are thought to be important drivers of growth in developing economies, but entrepreneurs in these countries face many barriers, including poor access to training, finance, and business networks. In Colombia, Fundación Bavaria’s “Destapa Futuro” (Open the Future) program identifies promising enterprises and provides them with a suite of financial, technical, business, and training resources.

Researchers evaluated the academic impact of a “Cadillac” OST program in Washington, DC. Researchers found that the program increased students’ problem-solving and reading comprehension scores after two years.

Researchers found that subsidizing Salvadoran migrants’ remittances for education increased spending on education and attendance at private schools for their female relatives in El Salvador.

Researchers conducted a randomized evaluation to measure the demand for private tutoring services and estimate how pricing can influence enrollment in these services. Results suggest that higher prices reduced demand for private tutoring and also led to higher drop-out rates over time, with no impact of tutoring on test scores.

In the Dominican Republic, researchers investigated families’ perceptions of the returns to education and whether providing information on the actual returns to education would change their schooling decisions. They found that students significantly underestimated the returns to secondary education, and providing them with information about the actual returns led them to complete 0.2 additional years of schooling.

Researchers conducted a randomized evaluation with a bank in the Dominican Republic to compare the impact of two distinct programs: standard accounting training versus a simplified, rule-of-thumb training that taught basic financial heuristics.

Researchers examined whether intra-household risk-sharing mechanisms such as financial transfers between spouses operate efficiently in Western and Nyanza Provinces of Kenya and found that intra-household insurance to protect against economic shocks was inefficient among daily income earners.

Researchers partnered with Banco Agrícola to conduct a randomized evaluation that offered a way for Salvadoran migrants to directly channel some fraction of their remittances into savings accounts in El Salvador. Results indicate that a desire for control over remittance uses—in particular the fraction that is saved in formal savings accounts—was large, and had significant influence on migrants’ financial decision making. The intervention also led to a large in savings, both in the partner bank and elsewhere.

Researchers evaluated the effects of a free health insurance policy and UCTs of the same value on the economic, health, and psychological outcomes of informal workers in Kenya. Participants who received health insurance self-reported reduced stress and had lower cortisol levels; UCTs led to fewer children in the household being sick and reduced overall hospitalizations in the household. Neither intervention had meaningful impacts on economic outcomes or other metrics of health and healthcare utilization.

Researchers evaluated the effect of (a) simple text message reminders and (b) financial incentives on borrowers' loan repayment. These methods had similarly positive effects, which suggests that the text message reminders may be a more cost-effective intervention. The reminders proved particularly effective for younger borrowers.