FinScope 2020 reports that about 5.6m adults in Rwanda (78%) participate in a Savings Group. About 20% of adult women, and 12% of men, rely exclusively on Savings Groups.
COVID-19 is pushing access to cash to its limits. What can the experience of FSPs prior to the pandemic tell us about managing agent liquidity for Savings Groups now?
Savings Groups in Western Kenya are forced to adapt to the health crisis, yet they continue to mobilize capital and support members as formal lenders tighten their services.
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.
