The project stresses nutritional health needs for children, but also enables mothers to support their families through savings-led microfinance groups.
After joining a savings group, a shopkeeper was able to better stock his store and buy wholesale to improve his income.
Along with offering financial services that include lending opportunities, savings groups also foster trust and cooperation within communities.
The CRS Savings and Internal Lending Communities program helps members access capital to improve their businesses, homes and education.
Support and understanding enables families to grow and sustain healthy lives.
With access to financial services a major challenge, CRS’ savings groups enable participants to better manage finances and grow sustainable livelihoods.
Following years of conflict and disruption, Sudanese farmers found new skills and knowledge help them restore devastated lands and livelihoods.
Savings and Internal Lending Communities help poor families save and build assets.
During its decades of microfinance practice, CRS has focused on serving the poorest of the poor, primarily women and vulnerable populations living in remote rural communities for whom the cost of accessing financial services is very high. CRS began its microfinance work in 1988 by building the...
Savings and Internal Lending Communities (SILC) help thousands of women and their families in Ethiopia improve their economic situation by starting small businesses, buying livestock or even sending their children to school.