Oxfam America

What do we know about the impact of savings groups on poor African women?

admin - May 15, 2013

Savings for Change (SfC) is one of Oxfam America’s flagship programmes, reaching 680,000 members, mostly women, in 13 countries. Here Sophie Romana, Oxfam America’s Deputy Director of Community Finance, reports on some findings from an innovative qualitative and quantitative survey of the groups in Mali, published today (click through to summary or full report). How do you save money and borrow when you live in rural …

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Forget microcredit: microsavings work much better

admin - April 5, 2012

Update: Jeff Ashe responds in the comments section to some excellent comments from readers Microcredit has been getting a bad press recently – criticised for eye-watering interest rates, high indebtedness levels, and excessive hype in terms of its development impact. Oxfam America reckons it has a much better alternative – helping poor people to save first and then borrow. Last week, I interviewed Jeff Ashe (right), who …

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