Our Work

    How Savings and Credit Groups are formed    

Methodology used
How groups are formed
How the groups operate
How members benefit from Savings and Credit Groups
How Siyakhula Sonke supports Saving and Credit Groups

 

Methodology used

A stepped approach, with self-selection 'filters'

methodolgy used

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How groups are formed
  1. Siyakhula Sonke promotes the concept to communities.
  2. Those interested form a group of between 10 – 20 and are trained for 3-days, then the Savings and Credit Group buys a savings kit (savings box plus savings books).
  3. Training on the system covers the Savings and Credit Group (SCG) constitution, leadership and roles of leaders and conduct of members.

Essentials are:

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How the groups operate

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How members benefit from Savings and Credit Groups

Community members benefit from participating in Savings and Credit Groups in the following ways:

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How Siyakhula Sonke supports Saving and Credit Groups

Siyakhula Sonke Field Officers (FOs) and Community Based Promoters (CBPs) provide support at each meeting.

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