VILLAGE SAVINGS AND LOANS GROUPS (VSL)

Established Village Savings and Loans Groups that use informal saving mechanism and on-lend the funds to members are limited to only what group members are
able to pull together.

SVMF connect with these VSLs and grant them additional funds to augment their loanable funds. Financial literacy and leadership trainings are offered on group meeting days.

Maximum membership of each VSL is 40 individuals. Loan repayment is monthly with a tenor of 6 months. No collateral is required.