by Steve Harvey, Founder & Chief Impact Officer (F4ID)
The humanitarian sector is facing an increasing number of complex emergencies and natural disasters, making it crucial for organisations to find effective ways to help those in need.
In recent years, the use of cash assistance has become a popular method to support affected populations. However, relying on cash as the sole means of assistance might not be appropriate in countries suffering from high or hyper-inflation or in addressing people’s specific needs.
This is where a blended approach of cash and voucher assistance (CVA) comes in. By providing essential goods and services with cash transfers, organisations can ensure that aid reaches those who need it most while also empowering them to make choices that best meet their specific needs.
Innovation and efficiency are critical components of a blended approach to CVA. By using technology and data-driven solutions, organisations can streamline processes and reach more people in less time. This not only improves the speed and effectiveness of aid delivery, but also helps reduce the risk of fraud and misuse of funds.
Additionally, incorporating a market-based approach can also help to stimulate local economies, fostering long-term sustainability and resilience.
By supporting local businesses and suppliers, organisations can contribute to the overall economic recovery of affected communities.
If you're interested in learning more about how a blended approach to CVA can benefit your organisation, please feel free to get in touch at info@f4id.org