India’s efforts in grassroots finance have been dominated by a powerful form of savings and loan clubs. Self-Help Groups, or SHGs as they are called, nudge urban and rural poor women and men to save small amounts of money. They then borrow pooled money to meet household and livelihood needs. Since the early 1990s, the National Bank of Agriculture and Rural Development (NABARD) has promoted an SHGs bank-linkage program. SHGs tap bank credit to augment the funds they have accumulated on their own, allowing members to reclaim lost land, start new enterprises, or build roads and schools. More recently NABARD is helping groups to save funds in banks. While the linkage effort is reaching tens of millions of people, it has not addressed many issues of unmarried women, migrating men and women, or ultra-vulnerable households. This paper proposes that NABARD investigate a share-based system, called Community Based Savings Groups, where SHGs can reach and accommodate households thus far blocked from membership.
Turning Cold Money Hot
This brief investigates the perceptions and experiences of young women related to wealth, livelihoods, and aspirations in Uganda’s Karamoja sub-region.
This brief investigates how wealth, wealth equality, and food security have changed in specific villages in four districts in the Karamoja sub-region of Uganda from 2018 to 2021/22.
This study aimed to better understand changes in and perceptions of wealth and equality in four counties in the Karamoja sub-region of Uganda.
This study share the results of a rapid community-level analysis of the causes of acute malnutrition among the Dasanech in northern Kenya.