Our donors rightly demand results, backed by hard evidence. Hand in Hand produces regular reports – in-house and across the network – to measure and monitor progress. We also fund independent, third-party reviews of our programs.
Evaluation of our work in Rwanda (2016) by Swedish Development Advisers
“The Hand in Hand training led to 10,385 additional full-time jobs and 105,150 part-time jobs.”
“[Project Group] businesses had, on average, 75 percent higher profit than those of the Comparison Group.”
Evaluation of our work in Kenya (2016) funded by the Government of Sweden
“Hand in Hand Eastern Africa is now being recognized as a centre of excellence in training and transformation of Self-Help Groups and in ensuring groups adhere to strict business requirements like repayment of loans.”
Evaluation of our work in Afghanistan (2016) commissioned by the EU
“The income for [women] has increased, in some cases manifolds, and this has increased their prestige both at household and community levels… This was unimaginable prior to this project (reported by beneficiaries. both male and female, provincial government representatives, and VEFs, most of them from the same or neighbourhood villages).”
Report on our work in Afghanistan (2015) by the Afghan Innovative Consulting Bureau
“[The project team] have been able to ensure a huge percentage of women in the project, i.e. 73%, which is incredible.”
Report on our work in Rwanda (2015) by DRIS, Bureau d’études et de conseil
“The analysis of results show that the most VSLG members were able to hire at least one person and that they are paying their employees in money (98.6%). In the Baseline Study, only 11% of VSLG members reported having hired an employee in the last 12 months.”
Report on our work in Kenya (2014) commissioned by the Government of Sweden
“The impact achieved with overall funding of approximately US $2 million certainly compares favorably with multi-million dollar injections of capital that some funders have provided to microfinance institutions.”
Report on our work in India (2013) by microcredit ratings agency M-CRIL
“A significant development in the respondents’ contribution to family income and overall increase in confidence was observed.”
Report on our work in India (2012) by microcredit ratings agency M-CRIL
“Jobs supported by Hand in Hand India are long-lasting: more than 97% are sustained three years on from Hand in Hand’s initial support.”
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Solutions for Youth Employment – Toward Solutions for Youth Employment, 2015
Solutions for Youth Employment is a multistakeholder coalition initiated by the World Bank, International Labor Organization and RAND, among others. This baseline report considers the youth employment landscape, exploring its problems and solutions.
- “Entrepreneurship-promotion interventions activate the highest return on productive
work for young people, especially when combined with access to finances.”
- “Most jobs in fragile and post-conflict states will likely come from the informal sector, not the formal private sector.”
- “Skills programs that focus on entrepreneurship have been more effective, especially when they combine training with cash grants. The relative success of entrepreneurship programs combined with cash in fragile environments has revived attention to microfinance for enterprise promotion.”
CGAP, World Bank Group – Focus note on Financial Inclusion and Development: Recent Impact Evidence, 2014
This focus note reviews the most recent impact assessments on microfinance and financial inclusion and confirms a belief we have acted on for a long time – that mobilizing credit is as important as micro-lending.
- Savings have the most consistent positive impact of all different financial services. Savings help households manage cash flow spikes, smooth consumption, as well as build working capital.
- Small businesses benefit from access to credit by helping people invest in assets and grow their enterprises.
- The impact of credit on a household’s broader welfare is less clear.
World Bank, Dynamic Effects of Microcredit in Bangladesh, 2014
The study analyzes the impact of microcredit over 20 years on individual families in Bangladesh.
- Bangladesh is nearing market saturation of microcredit, with “possible diminishing returns”.
- More than two thirds of the micro-enterprises supported in rural Bangladesh are small retail operations.
- In such circumstances, micro-entrepreneurs must also be trained in professional skills to help them develop better marketing networks, to expand their businesses into more rewarding sectors and beyond the local economy.
World Bank, World Development Report: Jobs, 2013
The report takes jobs in the development process as its starting point and reframes how we think about work.
- The development payoffs from jobs include empowering women, stabilizing post-conflict societies, poverty reduction, economy-wide productivity growth, and social cohesion.
- Female employment matters beyond the individual – jobs for women can change the way households spend money and invest in the education and health of children.
- The potential gains from greater entrepreneurial vibrancy, and from a more substantial reallocation of labor from low- to high-productivity units, are sizable.
International Finance Corporation, World Bank Group – Assessing private sector contributions to job creation and poverty reduction, 2013
The report examines how the private sector can best contribute to job creation and poverty reduction.
- Lack of access to finance is a key constraint to job creation, particularly for micro, small, and medium enterprises. Companies with access to finance have higher job-growth rates than businesses without it.
- Training and skills-development programs are crucial. Adequate skills are important not only for workers but also for business owners to grow their enterprise and create more jobs.
- Women influence the productivity and competitiveness of future generations by reinvesting 90 percent of their income into their families and rearing children for success. If women don’t have the opportunity to contribute economically, the years of investment in their education also is wasted. Equality of employment opportunities for men and women is associated with reduced poverty and higher GDP levels.