Posts Tagged ‘Savings for Life’
Serving the Most Vulnerable in South Sudan: Nama’s Story
Nama is a mother of four and a member of a local savings group in South Sudan. She first attended one of the weekly meetings with some of her friends. “We felt challenged to save our money,” she said. “At the moment, we did not see the money to save.” Nama first believed that a…
Read MoreSavings for Life – Empowering the Poor in Rwanda
Rwanda is a small country with one of the highest population densities in Africa (USAID, 2013). It is also one of the poorest countries, but it has made significant progress since the 1994 Genocide against the Tutsi that killed nearly 800,000 people (USAID, 2013). Poverty has dropped from 56.7 percent in 2006 to 44.9 percent…
Read MoreSavings For Life: Financial Opportunity for the World’s Most Vulnerable
The world’s poorest have a tremendous capacity and willingness to save and protect assets when financial institutions cannot serve them. They save to meet social obligations, to prepare for emergencies, to start or expand small businesses and to respond to seasonal changes in cash flow. However, the lack of banks in rural areas often leads…
Read MoreSavings for Life™ is Changing Lives in Burundi
In Burundi, World Relief’s Savings for Life™ program empowers the most vulnerable in communities that lack access to even the most basic financial services. Savings helps the world’s poorest, who have shown tremendous capacity and willingness to save, build and protect their financial assets in climates where financial institutions can’t serve them.One of the members,…
Read MoreSo Much Happening in Twenty-Thirteen…
by Larissa Peters, World Relief Communications Liaison I don’t know about you, but I have an especially good feeling about 2013. I admit, I keep a journal, and on the first of every year, I wonder what will fill its pages. The same is true in managing this blog – what will be the stories,…
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