Promoting Inclusive Markets and Financial Systems
The MasterCard Foundation works with visionary organizations to provide greater access to education, skills training and financial services for people living in poverty, primarily in Sub-Saharan Africa. As one of the largest, independent foundations, its work is guided by its mission to advance learning and promote financial inclusion in order to alleviate poverty. Based in Toronto, Canada, its independence was established by MasterCard when the Foundation was created in 2006. For more information, please visit www.mastercardfdn.org or follow us on Twitter @MCFoundation.
This Brief describes the Chars Livelihood Programme (CLP) in India, which aims to ensure that most poor char dwellers in the Jamuna River Basin have access to appropriate financial services through Savings Groups. It lists the objectives of the program, describes the context and the Asset-Transfers and VSLAs, presents the outcomes, addresses issues of sustainability, and concludes with the lessons learned.
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