Savings Outcomes of an IDA Program for Survivors of Domestic Violence

This report examines account monitoring data on outcomes of an IDA program for survivors of domestic violence. This study examines saving rates, withdrawals, and purchases made among 125 women who participated in the IDA program. Approximately two-thirds of women reached their savings goal and 76% made at least one matched withdrawal purchase. On average, women saved $87 per month while living on modest incomes (most women lived at or below 150% of poverty). These savings outcomes demonstrate that women impacted by intimate partner violence are capable of successfully saving in an IDA program when given the opportunity. Findings regarding factors associated with savings outcomes are limited given the sample size; however, education emerged as a positive factor in improving
women’s savings outcomes.

Project: Redevelopment Opportunities for Women Economic Action Program (REAP)