This note gives lessons on introduction of an open access savings scheme from a successful MFI- ASA (Association for Social Advancement) in Bangladesh. It discusses the need of organisation for introducing such product, which was largely due to mass mobilisation of savings, and then its return to original compulsory savings due to complex calculations in the new savings scheme. The note draws conclusions required for significant institutional changes with respect to the management and information systems, auditing systems and personnel/training, and organisational culture and understanding clients’ needs.

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