Larry Reed of the Microcredit Summit Campaign gave SG folks some very appropriate advice at the Second Savings Group Conference in Washington, in 2013. Here is is his address to the delegates.Read More
... ethics “calls for a committed response which is outside the categories of the marketplace.” What a wonderful phrase! The categories of the marketplace that Francis is referring to are things like profit and loss, return on investment, market share, business cases, and financial inclusion...Read More
It’s true: SGs are kind of boring. Facilitating agencies get bored with them. Donors get very bored with them. Even some members get bored with them, and many groups do learn tricks: they independently choose to add all sorts of new funds and features.Read More
Videos - unlike human trainers - never get tired, don't mind repeating, and never forget important messages.Read More
I have been surprised at how many people believe that the primary reason to be in a Savings Group is to take on additional debt, and how many believe the myth of microcredit: people take small loans and magically their poverty is "alleviated". Dear Reader, for some people, borrowing is appropriate. For others, it is not. Please: Let. Members. Decide. For. Themselves.
This post had a number of lively comments, all included here.Read More
I have four friends who lost their homes during the financial crisis...Read More