Do you know what a VSLA is? It stands for Village Savings and Loan Association, and it's an incredibly successful initiative that CARE, our partners and millions of women around the world have used to fight poverty. Members of the groups, many of them women, come together to loan money out to each other so they can start or grow businesses, pay for education, healthcare, or other expenses, and save for the future. When one woman joins a VSLA and starts or grows a business, she unleashes her pote
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VSLA loans have empowered refugees to take individual initiative, transforming their lives for the better. - Jerry Kiwanuka, Project Manager, REAL Project #MorningAtNTV | NTV Uganda
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#VillageSavingsandLoanAssociation Village Savings and Loan Association (VSLA) represents one of the critical components of our Household Economic Strengthening portfolio. Though self-managed and community-based, it enables members to pool their resources together and access basic financial services including small loans as needed. ARFH through its Community Case Managers have supported the setting up of some VLSAs across USAID funded ICHSSA-2 project implementing LGAs in Lagos. Promoting financi
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