Save More in Migration: Supporting Migrant Workers from Georgia and the Republic of Moldova to Enhance Savings, Remittances & Sustainable Benefits of Labour Migration

  • Start Date
  • End Date
  • Project Status
  • Project Type
    Transfer of migrant knowledge and resources
  • Budget Amount (USD)
  • Coverage
  • Year
  • IDF Region
  • Other Countries Benefiting at Time of Allocation
  • Prima ID
  • Projects ID
  • Benefiting Member States
    Georgia Republic of Moldova
This project aims to develop a set of financial tools and programming at the pre-departure stage and while migrants from Georgia and the Republic of Moldova are in Israel, that will make it easier and more likely that migrants and their families achieve their savings goals modelling its design on insights from behavioural economics programmes which have been used to increase workers' contributions towards their retirement. Migrants and their families will then be sensitized to these tools and use the bespoke tools while working abroad. Additionally, with the support of partners, activities will be implemented for migrant workers returning from Israel to Moldova to incentivize them to use their savings towards developing sustainable livelihood activities, including entrepreneurship. To measure the effectiveness of the intervention, a random-sampling impact evaluation will be conducted in the final stages of the project. The ultimate goal of the project is to improve migrants' abilities to achieve savings goals and apply the migration experience towards longer term, sustainable livelihood opportunities and wellbeing.