SaveAct facilitates the establishment in rural communities of voluntary Savings Groups that allow people to save and grow their money.

The SaveAct model is a unique adaptation of the Village Savings and Lending Association (VSLA) design widely applied in Africa.

Since 2008, the SaveAct programme has been applied systematically in South Africa and there has been sustained demand, particularly from rural women, to form groups. Savings Groups in South Africa now save on average six times more than groups across Africa.

SaveAct works with NGO partners in five provinces to scale up the model. In addition to savings and credit facilities, the programme includes financial education and enterprise development assistance.

There are now over 60,000 members, saving R290 million ($22,6 million) each year in 3,019 groups. The cohort represents a unique opportunity to build pathways for meaningful financial inclusion and poverty reduction.

This program is supported by

  • Savings Collectives and Financial Capacity
  • Savings Collectives and Financial Capacity
  • Savings Collectives and Financial Capacity

How we work

The SaveAct model in action


Members of the community self-select voluntarily to form a group and save money in the form of share purchases. Savings are invested in the loan fund, from which members can borrow and repay with a service charge/ interest. Loans can be used to start small businesses (farming enterprises, tuck shops, etc), building or renovating homes, paying school fees, food, etc.

Interested in a more detailed explanation? Learn more

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Staff working on this program

  • Savings Collectives and Financial Capacity
    Anton Krone: Executive Director
  • Savings Collectives and Financial Capacity
    Paul Forsyth – Contract Manager
  • Savings Collectives and Financial Capacity
    Sazile Mtshali – Programme Coordinator, KwaZulu-Natal
  • Savings Collectives and Financial Capacity
    Nolufefe Nonjeke-Dlanjwa – Programme Manager, Eastern Cape
  • Savings Collectives and Financial Capacity
    Robert Ungethuem – Monitoring & Evaluation, Project Design
  • Savings Collectives and Financial Capacity
    Alberto Gualtieri – Monitoring, Evaluation and Learning
  • Savings Collectives and Financial Capacity
    Jean-Pierre Andrew – Digital Monitoring & Evaluation
  • Savings Collectives and Financial Capacity
    Angela Pillay – Programme Support and Administration
  • Savings Collectives and Financial Capacity
    Thembekile Tafi – Field Officer, Eastern Cape
  • Savings Collectives and Financial Capacity
    Busisiwe Sechaba – Field Officer, KwaZulu-Natal
  • Savings Collectives and Financial Capacity
    Geniene Nero – Field Officer, Namaqualand
  • Savings Collectives and Financial Capacity
    Neo Mokone – Field Officer, Free State
  • Savings Collectives and Financial Capacity
    Nolufefe Mkwaqa – Field Officer, Eastern Cape
  • Savings Collectives and Financial Capacity
    Julia Mkhize – Field Officer, KZN
  • Savings Collectives and Financial Capacity
    Yenziwe Masuku – Field Officer
  • Savings Collectives and Financial Capacity
    Teboho Doda – Field Officer, Eastern Cape
  • Savings Collectives and Financial Capacity
    Nomthandazo Mbonambi – Field Officer
  • Savings Collectives and Financial Capacity
    Samella Mdlangathi
savings record books

Savings: the key to a sustainable future

Financial services and sustainable livelihoods for the poor!

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or send an email to anton@saveact.org.za