Author: Brenda Vyletel

The Savings Group Model

Today, somewhere in a rural village in the developing world, a group of women will sit down in a circle, and pass a basket. They will say their names: “Elfinish,” “Awa,” “Rosalinda,” “Winnie,” and place their dues in the basket, often the equivalent of less than $0.10 US dollars. One woman may make a proposal,…
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