The Gateway sat down with Sybil Chidiac of Grameen Foundation to discuss what works and what doesn't when tailoring savings groups to serve vulnerable populations. Among other things, we asked Sybil to share with us why funders increasingly ask practitioners to tailor savings groups to serve vulnerable populations such as caregivers of vulnerable children, young women, people living with HIV, or the food insecure?
Sub-Saharan Africa has the highest rate of saving among developing country regions. 54 percent of adults reported they had saved money in the past year, and 23 percent saved to start, operate or expand a farm or business.
This Brief summarizes CGAP's approach and offers insights into the applicability of distributed ledger technologies to agricultural finance in a developing country context.
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