social fund
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How Microfinance and Sustainability Mix
Plant With Purpose is heavily committed to the use of community savings groups. Across seven countries, over 1,200 savings groups regularly meet. Community members can bring the cash they’ve been able to save, investing that money by purchasing shares. When they’ve accumulated enough in savings, they can then take out a loan to make improvements to their […]
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About Our Work, All, Updates
The significance of a social fund
Savings groups help rural communities grow out of poverty through their own resources. As members gain the opportunity to save their money, that money is then lent out to reinvest back into the community through small businesses, livestock, education, and other means. Alongside that activity, however, groups also gather a social fund. These funds help […]
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