Advancing the inclusion of millions of people around the world into pro-poor, sustainable financial services.
Savings Groups 2013 Conference
The Savings Groups 2013 Conference took place March 4 and 5, 2013, outside Washington, DC . The conference was supported by the Bill & Melinda Gates Foundation, Oxfam America, and others active in the Savings Group sector.
The MasterCard Foundation
The MasterCard Foundation advances microfinance and youth learning to promote financial inclusion and prosperity. Through collaboration with committed partners in 48 countries, The MasterCard Foundation is helping people living in poverty to access opportunities to learn and prosper. An independent, private foundation based in Toronto, Canada, it was established through the generosity of MasterCard Worldwide at the time of the company’s initial public offering in 2006.
Resource LibraryThe document library collects operational studies, program impact assessments, and training manuals relevant to the savings-led field. Member organizations can contribute their documents to this database and make them easily accessible to savings-led practitioners and the wider NGO community, thus increasing the visibility of savings-led methodologies. To contribute your publications, please contact Eloisa Devietti at email@example.com.
… Read More ›
three Save Up countries: bank accounts in Malawi, mobile phone banking in Tanzania and funeral
insurance in Uganda. This publication describes the process of linking VSLA members in Malawi
with savings and credit from a major micro-finance bank. Lessons learned that will inform the next phase of the pilot include:
1. VSLAs need financial education and training to use bank linkage effectively.
2. The bank and the IPOs must be properly trained on the product offerings and on the VSLA methodology if they are to pass this information on to communities.
3. The linkage process should be given enough time and should not run parallel to group formation and training.
4. Wholesale bank loans do not interfere with the performance of VSLAs within their home groups.
5. To stimulate competition, it would be beneficial to offer linkages with more than one bank.
6. Banks being linked should be more transparent and accountable to the VSLAs to inspire the groups’ confidence.
7. Banks should explore more effective means of getting access points closer to the groups, especially those that are far from bank outlets and main roads.
8. VSLAs need access to account statements on a regular basis. OIBM is currently establishing a special account code to ease tracking.
… Read More ›