by Mihle Mapoma | Jan 26, 2024 | News
SaveAct facilitates the formation of savings groups in communities, as a foundation for building sustainable livelihoods. We focus mostly on women and youth, with 92% of membership being women and 24% youth. This has also led to entire families joining SaveAct and...
by Shelagh McLoughlin | Dec 22, 2023 | News
In a country with a teetering level of poverty and unemployment, the findings of a recent independent study of savings group impact are very encouraging. The study, done by Khulisa Management Services, concluded that SaveAct’s method enables people to build resilience...
by Mihle Mapoma | Nov 29, 2023 | News
Milan Vezi joined SaveAct in 2019. First interviewed in 2020 as part of the introduction of the WAYSE project, she has come a very long way in the success of her business. Let’s start from the beginning! As Ms Vezi was unemployed, she thought the best way for her to...
by Mihle Mapoma | Oct 20, 2023 | News
Athi Bhungalipheli, 32, started saving with SaveAct in 2017. From that day on, she has done nothing but soar, and teach the youth within her community how to do the same. She used her first share-out to buy egg-laying chickens; with the next, she was able to get a tap...
by Mihle Mapoma | Sep 14, 2023 | News, Uncategorised
Two years later, Gcobani Qhina is still thinking about how to thank his sister for encouraging him to join SaveAct. Mr Qhina joined his savings group in 2021, and has since started his most successful business, while expanding his already established enterprises by...
by Mihle Mapoma | Aug 25, 2023 | News
Savings groups members are well known for using share-outs and loans to build their homes and start business, chief among them being tuck shops. Also known as ‘spaza shops’, these stores have proved to be quite a lucrative business venture for a lot of our members....
