Microginance

Microfinance: Savings Groups Sustain Growth

Every morning, Dayaba Ibrahim woke up worrying if it would be a good day. Too often, it was a bad day—a day when few, if any, of her seven children would eat.

Today she’s able to feed her family—and pay their school fees—with proceeds from her fried bread business.

Dayaba, who lives in Niger, credits the change to a local Savings and Internal Lending Communities group, or SILC, organized by Catholic Relief Services.

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