by Shelagh McLoughlin | May 15, 2018 | News
Reorganisation of the enterprise portfolio has resulted in a huge growth spurt in sales of agricultural products to farmers in SaveAct’s savings groups (SGs) and enterprise focus groups (EFGs). Sales have surged from R32 498 for the whole of 2017 to R99 526 for the...
by Shelagh McLoughlin | May 15, 2018 | News
The long-term impact of belonging to a savings group means members struggle less and are generally more comfortable and resilient. That’s the view of researcher Silvia Storchi after completing fieldwork for the latest FinMark Trust study. Her research is looking at...
by Shelagh McLoughlin | May 15, 2018 | News
Mathapelo Molahlehi’s husband was dubious about joining a savings group, so she registered him with her group and saved for him. “He didn’t know,” she says. “When share-out time came I prepared food and then gave him his share-out. It was R9300.” Her own share-out was...
by Shelagh McLoughlin | May 15, 2018 | News
SaveAct’s savings groups recently took a step into the digital age with the launch of the pilot phase of our app project. Two groups in Margate and two at Table Mountain near Pietermaritzburg have been given tablets loaded with the savings app to test drive before...
