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.

LEARN THE RECIPE FOR STARTING A SUCCESSFUL BUSINESS For the first time ever, founder of Sprinkles cupcakes, Candace Nelson, is sharing the recipe for success in her new book, Sweet Success. She will walk you through the steps she took to build a globally beloved brand, so you can do it too. Although she deals in frosting, there’s no sugarcoating here. Candace pushes back the kitchen door to reveal mistakes, misses, and lessons learned the hard way. Readers will learn how to: Obtain the key ingredients to any successful business Craft the mindset of an entrepreneur Learn the secret recipe for packaging a product for profit Turn kitchen experiments into top selling products Cultivate a community of brand evangelists Step into a personal brand to amplify the business Know where to put marketing dollars most effectively And much more.   In a time of unprecedented disruption and innovation, people are rethinking career and professional purpose. It’s never been a better time to start a business. Sweet Success dispels the myth that entrepreneurship is reserved for an elite few and is a must-read for anyone with a passion needing a place to start or a push along the way. At a career crossroads, instead of going to business school like her peers, Candace Nelson reflected on what she really wanted to do—and did what nobody, including Candace herself, would have expected. She poured her passion and life savings into creating the world’s first cupcake bakery. Today, Sprinkles Cupcakes and its Cupcake ATMs have become a globally recognized brand, celebration mainstay and inspiration for entrepreneurs everywhere.

Savings Groups reach those rarely served by mainstream financial institutions. At weekly meetings, members deposit savings and take loans, and in the process build commitment, discipline and mutual assistance. 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.