Photo: Jane Hahn/Oxfam America
Saving for Change (SfC) is a savings groups programme that increases resilience and financial assets. It trains groups of women to save regularly, borrow from their group’s fund and repay loans with interest. At the end of a saving cycle he fund is divided and each woman receives her savings plus a share of the profit.
Savings groups (SGs) respond to the unmet needs of the rural poor by providing a secure place to save; the opportunity to borrow in small amounts and on flexible terms; and a network of support and solidarity.