Savings Groups Success Stories

21/11/2023

What are Savings Groups?

Savings groups act like a community bank. Refugees put their money in and can then ask for loans for business or the needs of their family. They repay back over time with interest. The groups also are encouraged to be involved in projects together to raise funds which are distributed yearly.

The VSLA (Village Savings and Loan) program continues to make a positive impact on the lives of individuals and communities, despite the challenges we face. We are grateful for your continued support, and we look forward to further progress and success in the coming months.

Picture right: Lead CBF mentoring CBF on data collection in Imvepi

Malish Henry's Story

Malish Henry is a 40-year-old South Sudanese man from the Diocese of Yei. Malish plans to grow more vegetables and bananas this season. With the support of CBFs (Community Based Facilitators), Mama Yunia, and Abate Julious, he has started harvesting tomatoes, land preparation, and planting. The program has empowered him to make a difference.

Waran Simon

A 61-year-old member of the Ngongita Saving Group 'B,' Waran Simon has been able to open a personal drug shop in Mijale trading centre. His savings and the support of the VSLA have allowed him to educate his two children, one in Senior 5 and one pursuing a medical course in Juba, South Sudan. He regards VSLA as a local "bank" and expresses heartfelt thanks to the donors for their support.

Maneno Pelima

At 32 years old, Maneno, married with four children, joined the Ajunyafe Rich VSLA group in March 2021. She acknowledges the life-changing impact of the program, stating that her ability to start a business and increase her savings enabled her to send her brother back to school, and invest in livestock. She expresses gratitude to CRESS UK, EDOL, and all of the CBFs for transforming her life.

Agnes Ngonga

At 20 years old, and married with one child, Agnes is a member of the Emmanuel Loguwate VSLA group in Imvepi Refugee Settlement. She joined the VSLA this year and used the loans from the group to start a successful food items business, showcasing the rapid impact the program can have (see below left).