SaveAct and EU join hands

eu-sa logo

SaveAct has launched its Masongeni, sandise ingeniso (saving together, growing together) project. The close to €840,000 (R12,6 million) EU-funded project will support micro-credit savings schemes in rural communities across three provinces.

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Proud homeowner

A woman living in Limehill, a peri-urban area in Ladysmith, KwaZulu-Natal has managed to extend the family home as a result of her membership of a SaveAct savings group.

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Financial Education pilot

SaveAct is piloting a financial education programme involving 2,000 SCG members in 100 groups in two provinces. The pilot is aimed at refining the embedded financial education developed by PlaNet Finance and Microfinance Opportunity in conjunction with SaveAct.

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New partner: FLP

SaveAct is pleased to announce that a new partnership has been forged with the Durban-based Family Literacy Project. We envisage that the new arrangement will help to foster greater financial independence and security among existing members of existing FLP groups in Centocow and Pholela near Underberg.

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SaveAct wins financial education award

citi planet finance award

SaveAct’s achievements in building sustainable livelihoods through financial education were acknowledged when the organisation walked away with a Concept Award from the PlaNet Finance Group at a function held in Johannesburg in April 2013.

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