1. Saving for ChangeA joint Initiative of Oxfam America and FreedomfromHunger

2. … Basic facts

4. Under regulatory radarscope

5. Build on ROSCA traditions

6. Group Saves

7. Loans with interest $1 -$100

8. Saving +interest divided yearly

9. No matching funds

13. 20% members of tontines (ROSCAS)

14. 70% to 80% had no access to improved financial services

16. Pictographic Manual

17. ROSCA Associations

18. No link to external capital or matching funds

19. Focus on Replicating agent

20. Saturation to reach poorest

21. Innovations from the groups

22. Additional services FfH Malaria and Business education modules

23. Social movement

25. Different Financial Products in Different Markets Commercial Banks 2 Billion People $1,500–$20,000 or more/yr. Credit Unions Near Poor Upper Poor MFIs $2 to $4 per day/ $730–$1,500/yr. 4 Billion People Poor $1 to $2 per day/ $360–$730/yr. Detitute *Sources: VISA International, World Bank, C.K. Pralahad

26. Different Financial Products in Different Markets Commercial Banks 2 Billion People $1,500–$20,000 or more/yr. Credit Unions Near Poor Upper Poor MFIs $2 to $4 per day/ $730–$1,500/yr. 4 Billion People Savings Led Poor $1 to $2 per day/ $360–$730/yr. Less than $1 per day/ $360/yr. Destitute

27. SfC Model Current Savings lose 20% per year Current Lending Costs Home Animals Jewelry Tontines Remittances Money Lenders Suppliers MFIs

28. SfC Model Current Savings lose 20% per year Current Lending Costs Home Animals Jewelry Tontines Remittances Money Lenders Suppliers MFIs

30. Oxfam America: Saving for Change A Savings-led, Low Cost, Sustainable Microfinance Initiative for the Rural Poor Self-Managed Groups Savings and Lending Businesses Increased Food Consumption Access to Health Care Solidarity and Networks Empowerment $400,000 $5,000,000 1 coordinator 10 animators Potential for Country-wide Impact (10,000 groups, 200,000 villagers) 1000 groups 20,000 members Replication 300 villages 200,000 population Our Commitment: 10 years, 1,260,000 villagers, 63,000 groups, 8-10 countries

31. Theory of Change Group Assets $ power Household Change Village

32. …Benefits of the SfC Model

34. Member Satisfaction with SfC

35. What Members value most

37. …Program Scale-up and Replication

38. SfC Strategy for Scale Up DESIGN DELIVERY Build on World Class Experience Leverage Local Traditions Mass-scale, Low-cost Build in Sustainability Villagers train Villagers Adapt to Levels of Literacy Chose an Expansion Strategy Build on OA Strengths One Product-Keep Focused Delivery through Local NGOs Simple Metrics to Assess Performance Constant Improvement Document Outcomes and Impact Fundraise Advocate

39. Replication Process Time Number of Groups Formed

40. Growth In Membership

41. Areas of Operation and Expansionin Mali

43. Areas of operation of CEDAC (green) and RACHA (red)

47. Vietnam

48. Guatemala

50. Ethiopia

51. Bolivia