Tag Archive: VSLA

A Tool for Transformation: Our First VSLA Forms in Ghana!

With great celebration we announce the formation of our first Village Savings and Loan Association (VSLA) in Ghana! Consisting of nine men and ten women, the Sesa Mu VSLA is made up primarily of farmers who grow pineapple and corn in and around the town of Berekuso. They have committed to year together, trusting each other to create… continue reading

How to save money without a bank

Given the hand-to-mouth existence of people living in the communities we serve, saving money for larger purchases is challenging. A Village Savings and Loan Association (VSLA) offers a solution as a self-regulated group of 10-30 people who provide financial services to each other. They are especially useful in places where there are no banks. In… continue reading