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BUILDING ASSETS TOGETHER
The case of Savings Group

Bank Linkage Project - YouTube
Introduction of Saving Groups: This is a group managed micro
finance in which group members mobilize savings and access credit
from personal savings.
•Targets those at the bottom of the pyramid who cannot easily
access financial services from formal financial institutions.
•People mobilize own savings and access credit from personal
savings.
•There is ‘NO’ interjection of funds from outside.
In Kenya 78% of the beneficiaries are women.
But, we are seeing people dropping from formal financial institutions
and especially MFIs to join savings groups as we also see savings
group members graduate to formal financial institution, but still
deeply rooted in the groups.
• Any country’s wealth lies
primarily in her people.
• In developing countries the
majority of a country’s people
are at the bottom of the
pyramid; home to illiteracy,
poverty, diseases, lack of
information and of course hit
more by effect of climate
change.
Savings Group

Wealth creation
Information

Investment

Incentives

Implementation
support

Inclusive
business
Asset building

Money is one form of
power, but what is
powerful is the
understanding on how to
use/ manage/ invest that
money. Money comes and
goes, but you have the
education about how
money works, you gain
power over it and can
begin building assets.

• By enabling individuals to engage
in businesses, access information,
and finances, Savings groups
UNLEASES people’s potential.
• Savings group enables
members/People to direct their
own steps in development and
therefore can direct steps in the
nations development. The long
journey to asset building starts
with savings group.
•
•
•
•
•
•

Impact
Education – school fees and building early
childhood schools
People graduation from micro and to small
enterprise
Confidence building- politicians
Women going into business
Women buying land
Employment creation
Clean energy value chain

Unleased potential
With Unleased Potential & Own Steps in
development:
• National scale up
• Government recognizing the power of savings
group- President signed a document on TABLE
BANKING (SGs) and already called for
proposals for capacity building to women and
youths in SGs
• Banks recognizing – this is the way
• Network service providers not left out.
• THE POWER OF SAVINGS GROUP IN ASSET
BUILDING.

THANK YOU

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Building assets together the potential of savings groups nelly-otieno

  • 1. BUILDING ASSETS TOGETHER The case of Savings Group Bank Linkage Project - YouTube
  • 2. Introduction of Saving Groups: This is a group managed micro finance in which group members mobilize savings and access credit from personal savings. •Targets those at the bottom of the pyramid who cannot easily access financial services from formal financial institutions. •People mobilize own savings and access credit from personal savings. •There is ‘NO’ interjection of funds from outside. In Kenya 78% of the beneficiaries are women. But, we are seeing people dropping from formal financial institutions and especially MFIs to join savings groups as we also see savings group members graduate to formal financial institution, but still deeply rooted in the groups.
  • 3. • Any country’s wealth lies primarily in her people. • In developing countries the majority of a country’s people are at the bottom of the pyramid; home to illiteracy, poverty, diseases, lack of information and of course hit more by effect of climate change.
  • 5. Asset building Money is one form of power, but what is powerful is the understanding on how to use/ manage/ invest that money. Money comes and goes, but you have the education about how money works, you gain power over it and can begin building assets. • By enabling individuals to engage in businesses, access information, and finances, Savings groups UNLEASES people’s potential. • Savings group enables members/People to direct their own steps in development and therefore can direct steps in the nations development. The long journey to asset building starts with savings group.
  • 6. • • • • • • Impact Education – school fees and building early childhood schools People graduation from micro and to small enterprise Confidence building- politicians Women going into business Women buying land Employment creation
  • 7. Clean energy value chain Unleased potential
  • 8.
  • 9. With Unleased Potential & Own Steps in development: • National scale up • Government recognizing the power of savings group- President signed a document on TABLE BANKING (SGs) and already called for proposals for capacity building to women and youths in SGs • Banks recognizing – this is the way • Network service providers not left out.
  • 10. • THE POWER OF SAVINGS GROUP IN ASSET BUILDING. THANK YOU