Community-Based Savings Group

GPTKB entity

Statements (32)
Predicate Object
gptkbp:instanceOf Financial Organization
gptkbp:alsoKnownAs Savings Group
Village Savings and Loan Association
gptkbp:benefit Empower women
Increase household income
gptkbp:decision Consensus-based
gptkbp:firstReleased 1990s
gptkbp:fundedBy Member contributions
gptkbp:governingBody Self-managed
https://www.w3.org/2000/01/rdf-schema#label Community-Based Savings Group
gptkbp:impact Reduce poverty
Improve financial literacy
gptkbp:loanRepayment With interest
gptkbp:meetingFrequency Regular meetings
gptkbp:members Community members
gptkbp:operatesIn Rural areas
Developing countries
gptkbp:originatedIn gptkb:Africa
gptkbp:profitDistribution Shared among members
gptkbp:purpose Promote financial inclusion
Encourage savings
Provide small loans
gptkbp:recordKeeping Manual
Ledger books
gptkbp:relatedGroup Low-income households
gptkbp:riskManagement Social collateral
gptkbp:savingsMethod Pooled savings
gptkbp:supportedBy gptkb:NGOs
Development agencies
gptkbp:targetUser Short-term loans
gptkbp:bfsParent gptkb:CBSG
gptkbp:bfsLayer 7