Savings

Lack of proximity has long been identified as an obstacle to sustained take-up – and sustained use – of formal financial services. However, efforts by financial service providers (FSPs) to address the “proximity gap” have been hampered by a shortage of useful, practical information on how to close it. This how-to webinar led by Savings at the Frontier […]

Today, families, small businesses, and communities around the world struggle to rebound from adverse shocks. While insurance can be a powerful financial tool for weathering these rainy days, its reach has been limited.  Innovative insurtech models are finding new ways to make insurance affordable, accessible and appropriate for customers in emerging markets. In South Africa, […]

This is it, the final workshop of the Sustainable Microfinance and Development Program (SMDP) is coming to Pietermaritzburg, South Africa offered by the University of New Hampshire, hosted by SaveAct and delivered by VSL Associates and SaveAct. The Sustainable Microfinance and Development Program comes to South Africa for the final two-week workshop of the SMDP entirely devoted […]

Savings Groups (SGs) are community-based financial institutions where members mobilize and manage their own savings, pooling this money in a loan fund from which they can borrow in amounts as small as $5. This approach has proved to be low-cost, highly sustainable, and extremely profitable for the member-owners while achieving significant scale, especially in remote […]

Built on a foundation of commitment savings, Savings Groups (SGs) provide basic financial services, social support, and a platform for learning and testing new ideas to poor people worldwide. With nearly ten million people—mostly women and young people—participating in some form of Savings Group, it is a highly effective, scalable, and sustainable instrument for engaging […]