It’s hard to tell what’s going on here. Let us explain… This is a meeting of the Young Mothers Village Savings and Loan group in Kyarumba. https://VSLA.org is a type of micro-finance scheme that’s managed on the local level. Videos produced by the Aga Kahn Foundation explain the process in detail.


Essentially, a 5-person management committee is elected by the group to record and keep track of the funds. Once a week they gather to review their accounts and make deposits. The girls are developing a habit of responsible savings and money management which, when well established, will allow them to take out loans to improve and expand their businesses.
Discover more from Omughisa Rwenzori
Subscribe to get the latest posts sent to your email.
