The really interesting thing about cash transfers in the developing world is how often the funds are used not just to meet immediate needs but are invested in s

The really interesting thing about cash transfers in the developing world is how often the funds are used not just to meet immediate needs but are invested in some form or another. GiveDirectly has tons of examples, but it may be anything from paying for a child’s education to buying a motorcycle to start a delivery business to, and this is my favorite, upgrading from a thatch roof to a tin one (this is an interesting win and one that might not be obvious to outsiders: not only is the tin roof more effective but it is also cheaper in the long run because the thatch roof has to be replaced twice a year at considerable cost in both labor and materials whereas the tin roof lasts for years; and this is a perfect example of how the poor can get locked in to an expensive cycle for lack of capital up front). I’ve seen the same in the people I’ve given to. No one just wants to take the money and do nothing and become dependent. Everyone, literally everyone to a one, wants to start a business.