Individuals publicly set and declare their savings goals

Forming peer groups in which individuals publicly set and declare their savings goals to their peers.

Forming peer groups in which individuals publicly set and declare their savings goals to their peers, and whereby progress to achieve that goal monitored periodically by the group. This is especially relevant to the Lebanese context as group social observance of behaviors is a governing force behind decision making. More so, this holds in rural areas where more tightly-knit communities can monitor behaviors more effectively and influence behaviors.

Behavioral tools:

Social Norms: Providing descriptive, factually accurate information about how peers behave in a similar situation.

Feedback: Giving clear feedback information on how people behaved in certain circumstances.