Village Savings and Loan Associations (VS&LAs) in Africa
The source of loan funds: All of the funds used to provide loans to the members of an Association come from the members’ own Savings and not from an outside lender, such as a microfinance institution or bank. Some attendees will be discouraged to hear this, so the FO gives examples of the success of GSLAs in other places, and explains that in time, they can develop a large amount of their ... ................
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