We recently conducted an internal capacity-building session focused on the procedures of Village Savings and Loans Associations (VSLA). This initiative aimed to equip our staff with the essential knowledge and skills needed to train community members in effective savings and loan practices.
During the training, our team delved into various aspects of VSLA operations. The sessions covered crucial topics such as understanding the VSLA constitution, conducting meetings effectively, the process of purchasing shares, loan meeting procedures, and the management of fines. Additionally, participants learned about the share-out process, ensuring they are well-prepared to guide community members in managing their finances efficiently.
By enhancing our staff’s understanding of these procedures, we are empowering them to become proficient trainers who can support community members in establishing and running successful VSLAs. This capacity-building effort is a significant step towards fostering financial independence and strengthening the economic resilience of the communities we serve.