Church-Based Community Transformation
Village Savings Groups and Loans
These groups are quietly revolutionizing the lives of people living in poverty and helping families break free
from the cycle of poverty for good
Church-Based Community Transformation
These groups are quietly revolutionizing the lives of people living in poverty and helping families break free
from the cycle of poverty for good
How do you save when you only make a few dollars a day and lack formal banking services?
Through Village Savings Groups, you provide families opportunities to save and access loans so that they can start new businesses, send children to school, and save money for emergencies.
These groups of 25 to 30 individuals (usually women) meet together weekly to save money and provide mutual support and accountability. Through the process, members receive mentoring in bookkeeping, administration, and business principles.
Over the last year
The multiplying factor
Village Savings Groups not only change lives of individuals but transform entire communities. Often, several groups will come together and tackle community projects. Collectively, groups have been known to buy land together, fix bridges and roads, sponsor orphans, and even build schools!
The solution to poverty is spiritual as much as it is physical. Instead of offering handouts, you will be partnering with local churches to permanently lift families out of poverty. Will you join us?
Tearfund Canada
340 Ferrier Street
Suite 202
Markham, ON
L3R 2Z5
t: 1-800-567-8190
e: connect@tearfund.ca
Charity Number: 108222191 RR 0001