SaveAct facilitates the formation of savings and credit groups in rural communities as a simple but effective tool to fight poverty, as a foundation for building sustainable livelihoods, and as a means to empower women and other vulnerable groups.
Founded in Pietermaritzburg in 2005, we have almost 52,000 individual members in five provinces in South Africa and work with a network of committed partner organisations.
Our unique savings and credit model incorporates:
- financial education
- enterprise development training
- ecosystems development; and
- last mile distribution projects
all of which are aimed at breaking the cycle of poverty, and empowering individuals and communities to play more active roles in economic and social development.