In their own hands : how savings groups are revolutionizing development / Jeffrey Ashe with Kyla Jagger Neilan.

Format:

Book

Author/Creator:

Ashe, Jeffrey, author.

Neilan, Kyla Jagger, author.

Language:

English

Subjects (All):

Savings and loan associations--Developing countries.

Non-governmental organizations--Developing countries.

Non-governmental organizations.

Poor.

Savings and loan associations.

Developing countries.

Saving and investment--Developing countries.

Saving and investment.

Poor--Developing countries--Economic condtions.

Physical Description:

xv, 190 pages ; 22 cm

Edition:

First edition.

Place of Publication:

San Francisco, CA : Berrett-Koehler Publishers, Inc., [2014]

Summary:

Two and a half billion people worldwide, most of them desperately poor villagers, need a better way to save and to borrow. Even the most innovative banking institutions can't reach them; savings groups can. In savings groups, members save what they can in a communal pot and loan their growing fund to each other for their short-term needs. Jeffrey Ashe and Kyla Jagger Neilan illustrate how these savings groups form and function and how little "outside" support is actually required for their success. Drawing on decades of Ashe's personal experience, this book describes how he developed Saving for Change, which leveraged the wisdom and strength of group members to train and establish new savings groups. Savings groups are a "catalytic innovation" that bypasses subsidies, dependency, and high costs while effectively increasing food security, building assets, and empowering the community. Today, saving groups have 10 million members around the globe-with minimal support, membership could grow to ten times this number. Book jacket.

Contents:

Guiding principles for saving for change

A group meeting

Dependency is not empowering

Getting started with Saving for Change

The most productive asset of all : empowering friends and neighbors

How do we know it works?

Applying savings groups principles to other development initiatives.

Notes:

Includes bibliographical references and index.

ISBN:

9781626562189

1626562180

OCLC:

877852148