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What are savings groups: The evolution of group mechanisms for savings and credit Image

Promoting Inclusive Markets and Financial Systems

What are savings groups: The evolution of group mechanisms for savings and credit

What are savings groups: The evolution of group mechanisms for savings and credit

Summary

The following note offers a general overview of the collective self-managed savings and credit mechanisms in the region. The first section introduces informal mechanisms for collective savings and credit without external funding. The second part introduces experiences where external funding plays a role. Finally, the last section closes the article with some brief thoughts on the role of these experiences in the realm of financial inclusion. 

View the second and third notes in the series. 

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