VILLAGE SAVINGS AND LOAN ASSOCIATIONS
At World Renew, we’ve taken the need for a bank or predatory lenders out of the equation and put opportunity into the hands of communities. With Village Savings and Loans Associations (VSLAs), families are finding the key to economic stability—and changing their lives for good.
HOW WE HELP
Savings and Loans
Members of VSLAs meet weekly to add small amounts of their own money to a savings pool. The group then provides small, low-interest loans to each other to help finance household essentials or start small businesses.
Business Startups
We offer training in business management to help people start their own businesses, get involved in money-making activities, and improve their chances of getting credit to help with startup costs.
Women’s Empowerment
VSLAs help women become more confident by boosting their leadership skills, money management, and decision-making. We also help women improve their access social and financial resources to achieve financial stability.
HOW WE HELP
Savings and Loans
Members of VSLAs meet weekly to add small amounts of their own money to a savings pool. The group then provides small, low-interest loans to each other to help finance household essentials or start small businesses.
Business Startups
We offer training in business management to help people start their own businesses, get involved in money-making activities, and improve their chances of getting credit to help with startup costs.
Women’s Empowerment
VSLAs help women become more confident by boosting their leadership skills, money management, and decision-making. We also help women improve their access social and financial resources to achieve financial stability.
Why Support VSLAs?
RENEWING HOPE: CHANGING STORIES OF POVERTY
“The VSLA has helped me and my family in different ways. I have been able to access loans that have enabled me to construct our family house, pay school fees for my three children . . . and pay casual labourers working on my farm.”
— Millicent, VSLA member, Kenya