DUTABARANE has been one of the pioneers of savings and credit groups, a total of 7,316 VSLAs have already been created since 2009 for the benefit of 174,520 direct beneficiaries, with a percentage of women exceeding 60%.
In the course of fighting against poverty, we organize local authorities into mutual aid groups called Savings and Credits Associations, with a view to achieving self-sufficiency for households.
Savings groups are groups of 15 to 25 people that save and pool their money, and then borrow small amounts from the group for an agreed upon term and repay the loan with interest. Savings groups build financial literacy and social solidarity, and provide leadership opportunities, especially for women. They are often more formal lending and savings services.