Emergency Savings Products and Alternatives

Categories: Emergency Savings

In December 2013, Doorways to Dreams (D2D) Fund hosted a Ford Foundation Grantee Convening focused on Emergency Savings Products and Alternatives. The day provided an opportunity to delve into a discussion on emergency savings and address the need for product innovation and consumer-centric design to help low- and moderate-income (LMI) consumers manage financial emergencies and move towards financial security. Members of the financial service industry discussed the challenges and opportunities of product innovation in the marketplace for LMI consumers. The day closed with an interactive session hosted by a design consulting firm that provided participants with an opportunity to innovate a financial solution for an LMI consumer, with both the consumer and industry perspective in mind. For more information, read the summary below.