Savings Groups are the primary safety net for millions of women in Africa, especially in rural areas. As such, they have a critical role to play in COVID-19 response and recovery efforts implemented by governments, funders, civil society organizations and the private sector.
Women are disproportionately affected by disease outbreaks. COVID will be no different, with gendered primary secondary effects across multiple dimensions:
One of the strengths of Savings Groups is that they are decentralized and are adapting to challenging realities more rapidly than formal institutions can. Savings Groups are well
positioned to address the gendered effects of COVID-19 across health, social, economic dimensions.
For example, they have proven to be an effective delivery channel for health, risk mitigation and emergency response messaging. Light-touch messaging from a trusted source can have a significant effect on health-seeking behaviors, and increase the efficiency and effectives of health messaging. And for remote communities with limited connectivity, Savings Groups, can be a vital source of news and information that otherwise might not reach them. Furthermore, participation in Savings Groups can help women mitigate the economic effects of the pandemic, through access to resources and market networks. In the social dimension, women consistently identify the mutual support they receive from their group as one the things they most value about Savings Groups, often above access to financial services. The maintenance of these support networks, in the context of physical distancing, is fundamentally important for Savings Groups and their female members.
Sector stakeholders have begun to document the COVID responses by Savings Groups with regards to their rules and procedures, communications and decision-making processes, technology, and use of digital financial services. These group-initiated innovations need to be better understood, such that effective adaptations can be systematically presented as viable options to large numbers of groups. Collaboration between Savings Groups and response and recovery efforts, by development and market actors, can support women to mitigate the effects of the crisis and enhance the effectiveness of initiatives.
Women Saving for Resilience (WS4R) – a two-year program, implemented by the SEEP Network and funded by the Bill & Melinda Gates Foundation – aims to improve the technical, adaptive, and collaborative capacity of Savings Groups, and organizations that work with them, to respond to and recover from the gendered effects of COVID-19.
Globally, eighty percent of Savings Group members are women. In order for the COVID response and recovery efforts of Savings Groups and their partners to effectively mitigate the disproportionate and multi-dimensional effects of the pandemic on women, they must be gender intentional.
Within the program, SEEP is delighted to launch a challenge fund to support innovations in gender intentional COVID response and recovery efforts related to Savings Groups. SEEP will award four to six 18-month grants, worth a total of $600,000.
The fund will be responsive to promising innovations of diverse types and scope. This may include communications and training materials, program models, policy development, technology, new partnerships, or disruptive collaboration. Activities and interventions the fund might support include:
Successful projects will increase the resilience of Savings Groups and their members in times of crisis by reducing gender gaps and barriers in access to resources and improve the capacity of sector stakeholders to engage them in emergency response efforts.
Proposed interventions must include a strong, practical learning component to document the innovation, track progress, consolidate and assess experience, and communicate results (both internally and externally).
The learning and assets generated by the Innovation Fund will be used to influence decisions in program design, community engagement and policymaking. SEEP will:
1) provide skill-building support to innovation fund grantees in gender intentional civic mobilization; and
2) leverage its convening capabilities, particularly as it relates to key stakeholders and policy-making processes, to influence practice at the global and local levels.
In addition, Innovation Fund grantees will have the opportunity to engage with and access the learnings from a SEEP Network Peer Learning Group (PLG) on “Savings Groups, Women and COVID-19,” composed of diverse sector stakeholders representing governments, civil society, and private sector organizations across Africa. Over a period of about 18 months, the PLG will consolidate the collective experience of its members, draw upon the expertise of technical experts, test and assess hypotheses, and document and disseminate the group’s learning for the benefit of the wider sector.
The innovation fund will prioritize interventions where the limited and dedicated support from the fund will generate a strong added value.
December 3, 2020
January 22, 2021
January 22-29
February 1
February 12
February 19
March 1, 2021 - August 31, 2022
April 30
WS4R Innovation Fund opens for applications
Deadline to submit proposals
Selection of proposals
Notification of pre-selected grantees & request for supporting documentation
Deadline to submit supporting documentation
Final grantee approval
Grant implementation
Deadline to submit implementation, learning and engagement plan
Questions? If you have questions regarding the application process or the relevance of your innovation, please contact the Women Saving for Resilience team at SavingsGroups@seepnetwork.org.
SEEP will address and respond to questions, in the FAQs, up to and including December 16.
The fund will support innovations that serve Savings Groups in Africa.
Between four and six 18-month grants will be awarded.
Between four and six 18-month grants will be awarded, worth a total of $600,000. Awards may range between $75,000-$150,000.
The expected start date of approved awards is March 1, 2021, with an end date no later than August 31, 2022.
Yes, the Word version of the application is available here.
Kindly note that all applications must be submitted through the online application form. If you are having extended difficulties with the online system, please get in touch with our team at SavingsGroups@seepnetwork.org.
No. The WS4R Innovation Fund is open to SEEP member organizations and non-members alike – and there is no preference based on SEEP membership.
No. Applicants need not be registered in Africa. Both locally registered and international organizations are encouraged to apply.
The grantee shall own the rights in and to any work created in connection with this agreement, including all data, documents, information, copyrights, patents, trademarks, trade secrets or other proprietary rights in and to the work.
Under the SEEP Network’s Global Access Commitment, the grantee commits that: (a) the knowledge and information gained from the work will be promptly and broadly disseminated; and (b) funded developments (products, services, processes, technologies, materials, software, data, other innovations, and intellectual property resulting from the work, including modifications, improvements, and further developments to background technology) will be made available and accessible at an affordable price to people most in need within low-income countries. These commitments will survive the term of the agreement.
The agreement between the SEEP Network and each grantee will be a fixed-price sub-award agreement, with a disbursement schedule based on the achievement of specific milestones.
The maximum allowable indirect cost rate for the WS4R Innovation Fund is 15%.
No. There is no preference between proposals based on geographic scope. However, proposed solutions must demonstrate a potential for replication and scale.
Yes. Proposals may be submitted in English or French.
The WS4R Innovation Fund webpage includes a complete description of the fund, the selection criteria and the application process.
A Word version is also available – for reference purposes only. Kindly note that all applications must be submitted through the online application form.
No. There is no budget template, and applicants may submit their financial proposal in any format.
Yes. An organization can submit or participate in any number of proposals, either as a lead (applicant), partner or sub-contractor.
No. All policies and selection criteria related to the WS4R Innovation Fund are included in the request for proposals – and any clarifications, as needed, are in the FAQs.
There is no requirement to work with existing Savings Groups – in other words, funds may be used for the establishment of new Savings Groups.
There is no requirement that Savings Groups engaged or established by the grantees be registered with local authorities, unless required by local regulators.
The application form requests that applicants “kindly indicate any other sources of funding related to the proposed solution, and how much of your own funds you are investing in this innovation.” Please note, however, that there is no requirement for co-funding. The grants committee simply seeks to identify and understand any existing investments related to the proposed solution.
There is no preference for stand-alone projects or developments of existing initiatives, as long as they satisfy the specified selection criteria. Please note that “the innovation fund will prioritize interventions where the limited and dedicated support from the fund will generate a strong added value.”
The maximum grant period is 18 months, with an end date no later than August 31, 2022. There is no restriction with regards to a shorter intervention period.
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