How to build Savings groups in 2 hours and other Breakthroughs in Financial Inclusion

1. How to build Savings Group in 2 hours
and other breakthroughs in Financial Inclusion
William Maddocks, Program Director,
Sustainable Microenterprise and Development
Jeffrey Ashe,
Fellow
Co-author of In Their Own Hands: How Savings
Groups Are Revolutionizing Development
Jong- Hyon Shin,
Country Project Coordinator, Dom. Republic
Feel free to live-tweet the session
@MicroCredSummit, @Carseyschool,
@FundaCapital and #Commit100M !
You can use the Q&A box on the top-right
to send questions to the Panelists.

2. Campaign Commitment
• Research that measures the impact of Savings Groups in
creating social capital, empowerment, resiliency and
community action, and also risks or unanticipated negative
effects.
• Research how Savings Groups spread within and between
communities to identify conditions that lead to the
spontaneous replication that can be the key to large-scale
expansion.
• Research how Savings Groups can serve as platforms for other
development inputs.
Feel free to ask a question to the panelists using the Q&A box on the right

3. Campaign Commitment
• Broadcast a package of innovations in Savings Groups design
and delivery to improve performance and accelerate adoption
principles and practices at a breakthrough level of
effectiveness and efficiency creating massive uptake of
Savings Groups methodology across Africa and beyond.
• Research how combining asset building strategies of
conditional cash transfers with Savings Groups may reduce
extreme poverty and build livelihood options for women and
their families.
Feel free to ask a question to the panelists using the Q&A box on the right

4. 1) 2 hour trainings to start savings groups
• It’s possible to form a strong SGs in 2 hours (with pre-arranged group
identification & simulation) as long as the group has social capital and respect to
basic principles.
• Reinforcement and follow up help groups remain strong.
Feel free to ask a question to the panelists using the Q&A box on the right

5. 2) Savings groups and Conditional Cash
Transfers (CCTs)
• CCTs based SGs are effective and efficient:
-social capital present,
-structure for follow-up and reinforcement in place,
-can help achieve scale. (33 million in Latin America)
Feel free to ask a question to the panelists using the Q&A box on the right

6. 3) SG-led financial inclusion
• SGs and banks are complementary. The more mature the
group is, the more open to bank linkage.
• In 8 months, 33% of accounts received deposit, average
savings USD 72.31, increase in savings by 48%
Feel free to ask a question to the panelists using the Q&A box on the right

7. Shared Vision of SG Practitioners
• Currently 10.5 m SG members
– 525,000 groups, 177,000 villages, 65 countries
– Managing $270 million, $81 million profits
• Objective 50,000,000 SG members by 2020
– 2.5 million groups, 833,000 villages
– Managing $2.3 billion, $700 million in profits
• Cost:
– $1,000 to $2,000 per village of 1,000 (2-10 groups)
– $1 to $2 per villager – impact community wide
Feel free to ask a question to the panelists using the Q&A box on the right

8. Mapping SfC & FLAIR: Using GIS in
Mali and Cambodia
8
Feel free to ask a question to the panelists using the Q&A box on the right

9. Principles Of
“In Your Own Hands Development”
• Scale is necessary
• Less is more/ Simple is better
• Build on local traditions
• Increase efficiency - lower costs
• No giveaways
• Local control
• Set standards of performance
• Embrace learning, innovation
Feel free to ask a question to the panelists using the Q&A box on the right

19. How to build Savings Group in 2 hours
and other breakthroughs in Financial Inclusion
Join the Carsey School of Public Policy and Fundacion Capital in announcing
YOUR CAMPAIGN COMMITMENT: mcs2015.org/commitonline
Feel free to contact us : mycommitment@microcreditsummit.org
Don’t forget to tweet your takeaways of this E-workshop
@Carseyschool@FundaCapital @Jeffrey_Ashe@MicroCredSummit #Commit100M
To learn more on Savings Groups, read Jeff’s book:
In Their Own Hands: How Savings Groups Are Revolutionizing Development
http://intheirownhands.com/