Savings Groups and the Dynamics of Inclusion
To what extent do Savings Groups reach and effectively serve vulnerable populations? And how can we do better?
Savings Groups provide access to basic financial services in underserved markets and contribute to both financial inclusion and broader development objectives. The community-managed model requires minimal infrastructure and no long-term investment, and it and reaches poorer and more vulnerable populations than formal financial service providers (FSPs).
Recent evidence, however, suggests mixed results of Savings Group programs to target and effectively serve more vulnerable populations. Building on the State of Practice Report: Savings Groups and the Dynamics of Inclusion, this webinar will provide a comprehensive overview of Savings Groups and the dynamics of inclusion and describe effective and promising strategies, approaches and tools to improve the outreach and outcomes of Savings Groups among marginalized populations. The webinar will identify lessons and good practices – including smart targeting and outreach strategies, and straightforward adaptations to project design and group methodology – that enable Savings Group interventions to better reach and serve the world’s most vulnerable people, including the extreme poor, people with disabilities, and forcibly displaced people.