Innovision identifies that achieving a sustainable exit from extreme poverty requires a holistic approach that moves beyond traditional microfinance. The Prosper Programme, initiated by PKSF with UKAid funding, demonstrated that combining financial services with a long-term package of technical, health, and vocational support is key to success. Our analysis shows that graduation is non-linear, requiring an adaptive management style that evolves with the specific needs of each household rather than following a fixed, time-bound prescription.
Strategic lessons from the Prosper Programme emphasize a dual-strategy of "Push" and "Pull" interventions. Innovision defines "Push" interventions as social safety net support that drives the ultra-poor toward a graduation threshold. Conversely, "Pull" interventions are market-driven, involving flexible microfinance and market linkage services that pull households into the regional and national economy, ensuring long-term resilience and growth.
To sustain these achievements, Innovision recommends that market systems development be the core foundation of future programs. By aligning interventions with the root causes of poverty and putting market actors at the frontline, the program can ensure that services like technical knowledge and market access remain available even after project support is withdrawn.
Read the full report here: Link
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