We believe in community driven change and empowering individuals and communities to identify their needs and to develop a sustainable future for themselves.We empower our local partners through providing the funding to allow them to develop the Village Savings and Loans Projects within their community. The funding provided is primarily spent on facilitators and trainers who work with the savings and loans groups. The training and support provided to the groups is the critical element in enabling communities to understand how to save and manage their money in an effective way.
We identify and collaborate with local organisations who understand the country, region & community and work with them to implement a very successful informal financial service called Village Savings and Loans Projects. Village Savings and Loans Project, in their simplest form involve training people to save and loan money within a group and empowering people to invest in their own income generating activities and which helps them to develop a more prosperous and sustainable future. We continue to learn and improve our approach but we have some key values that are at the core of how we approach the work we do:
Implementing Village Savings and Loans Projects within communities is at the heart of what we do as a charity. Village Savings and Loans Projects provide people and communities living in extreme poverty access to informal financial services. There are currently 1.3 billion people living in extreme poverty and 2.5 billion people that are excluded from any type of financial service.