{"id":11423,"date":"2013-04-10T11:29:17","date_gmt":"2013-04-10T08:29:17","guid":{"rendered":"https:\/\/www.naistenpankki.fi\/?p=11423"},"modified":"2015-05-06T16:32:50","modified_gmt":"2015-05-06T13:32:50","slug":"empowering-women-in-uganda-empowers-their-whole-family","status":"publish","type":"post","link":"https:\/\/www.naistenpankki.fi\/en\/yleinen-en\/empowering-women-in-uganda-empowers-their-whole-family\/","title":{"rendered":"Empowering women in Uganda helps their whole family"},"content":{"rendered":"

Members of village banks receive a 6-months training, during which they start to save. Money is not handed out to members; trained local staff help them collect their first savings instead. Every woman in the saving group puts aside a previously agreed sum each week, which is kept in a carefully guarded box.<\/p>\n

Members may lend from the group\u2019s fund, i.e.: the village bank. There is even a social fund consisting of small contributions, which the group may decide to use for helping out members who lose their spouse, or fall upon other \"Uganda,difficulties. Depending on the group\u2019s decision, the might not have to pay anything back.<\/p>\n

\u2018I used to worry a lot about say the school fees of my children. Now I know I can take up a loan for that. I also bought a cow with the help of a loan, and got profit from selling the meat.\u2019<\/p>\n

Lilian Kemigisha, Sembabule<\/em><\/p>\n

How saving groups work<\/strong><\/h3>\n