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Savings Groups at the Frontier (Hardcover)
Loot Price: R986
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Savings Groups at the Frontier (Hardcover)
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Savings Groups reach those rarely served by mainstream financial
institutions.Maximum transparency, a profitable structure for
saving, access to small loans and an annual lump sum of capital are
the hallmarks of the Savings Group methodology. The outcome:
empowered groups, made up mostly of women, who manage themselves as
tiny financial institutions. Today there are Savings Groups in 60
countries with more than 6 million members, the result of
initiatives carried out by dozens of international and local NGOs.
Savings Groups at the Frontier explores the issues that will shape
the future of Savings Groups. What are the costs, required inputs,
and anticipated outreach of these groups? How does replication take
place? How sustainable are the groups? Is it feasible to integrate
financial and non-financial services? Are linkages to the formal
system desirable? What is the impact of groups on members and their
households? How can performance be managed? This book addresses
issues, not from the perspective of the financial institution, but
in support of group members and savers who are managing their own
financial services. This book is essential reading for all those
concerned with extending financial services to the poor: NGO and
microfinance managers, bankers, policy makers, researchers and
students.
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