Tag: Savings groups

In this video, we present the challenges that savings groups face due to the COVID-19 pandemic and how the digitization of these savings groups operations benefits both the group members and the associated financial service providers. 

In this blog, we look at some of the recommendations put across by MSC on how savings groups can cope with the “new normal life” that has been brought about by the Covid-19 pandemic, overcome the economic shocks, and build resilience against similar future pandemics.

Part 1 of this series focused on why it is important for financial institutions to digitize savings groups and the benefits that these organizations stand to gain by moving away from manual operations toward more digitized solutions. This podcast gives us more insights on the credit cycle for savings groups and how digitizing this process can enhance more efficiency and loan repayments.

This podcast examines why it is important for financial institutions to digitize savings groups and the benefits that these organizations stand to gain by moving away from manual operations toward more digitized solutions.

This video focuses on why it is important for financial institutions to digitize savings groups, challenges that savings groups experience as they go through this transformational journey as well as the benefits that these organizations stand to gain by moving away from manual operations toward more digitized solutions. Watch and learn.

Bernie Akporiaye launched MaTontine in 2015. His objective was to provide a digital financial services platform so as to unlock access to financial services for the financially excluded in Africa. MaTontine goes back to a system used all over Africa called Tontines in Francophone Africa and sometimes called saving circles in other parts of Africa. Read more about this success story.