I want to, I can … save money
English
Economic development program for older adults through training on financial education and the generation of community banks, promoting savings, investment and responsible use of credit
Description
Community banks are trust groups created by the community, in which members have the opportunity to save and receive interest on their investment at a rate above that of the market, as well as the opportunity to access microcredits at a interest rate also better than that in the market. The bank is run by the community itself, which has received training in life skills and financial education, and supported by a community promoter: the profit generated is distributed as interest to all bank members.
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PARTICIPANT TESTIMONIES
The [community] bank has been very supportive as it taught us to save and savings have gotten us out of many troubles
Man, age 50
The [community] bank taught me how to save and that together we can get ahead by learning what to spend on and how to pay on time
Woman, age 65
Being part of the bank helped me to have some money to buy the materials I need for my business and to pay my loan back little by little
Woman, age 54
Banner rojo final programas
$ 25
With just this amount you can help a young person become an agent of change in their life, in their family and in their community
