This Briefing Note targets savings from two perspectives: that of the poor, who traditionally prefer “structured and committed savings mechanisms that prohibit them from withdrawing in response to trivial needs and allow them to fend off the demands of marauding relatives requesting ‘loans’ or assistance” and the MFIs, who “tend to use a strategy of ‘permanence and growth’ and look to create sustainable institutions that deliver financial services to an ever-increasing number of clients”.

Leave Comments

Written by