With about 600,000 members and over US$1.3m in savings annually, Savings Groups are helping to develop new markets for financial institutions in Zambia, says Betty Wilkinson, CEO of FSD Zambia.
The digital platform enables SGs in Kenya to mobilize digital savings deposits, create health savings accounts, and acquire customized group insurance through the National Hospital Insurance Fund.
Through HelpAge, an intergenerational programme that restores livelihoods and builds community cohesion in post-Ebola Sierra Leone, youth volunteers train Savings Groups for the elderly.
