Frances Moore Lapp (Foreword), Jeffrey Ashe, Kyla Jagger Neilan
In Their Own Hands: How Savings Groups Are Revolutionizing Development (BK Currents)
- ISBN 13:
- 9781626562189
- author:
- Frances Moore Lapp (Foreword), Jeffrey Ashe, Kyla Jagger Neilan
- format:
- Paperback
- publisher:
- Berrett-Koehler Publishers
- language:
- English
- Publication Year:
- 2014
- Pages:
- 240
- Dimensions:
- 1.3 x 14 x 21.6 cm
- Genre:
- Business, Finance & Law, Economics, International Economics
- Condition:
- New
- Availability:
- Item usually sent within 20 working days
Description
Two and a half billion people worldwide need better ways to save and borrow. Savings groups offer an alternative, where members pool their resources and lend to each other for short-term needs. This approach has been shown to be highly effective in reducing chronic hunger and empowering communities. The author's experience with developing Saving for Change, a model that leverages group member wisdom, has had a significant impact. Over 680,000 people across five countries have benefited from this approach. Today, savings groups have 9 million members worldwide, with minimal external support required to continue growing. By exploring the success of savings groups, this book provides insight into a catalytic innovation that bypasses subsidies and dependency, while building assets and community strength.