Thursday, November 15, 2012

[MFP] New book: Savings Groups at the Frontier

 

This new book on savings groups is edited by Candace Nelson and published by Practical Action Publishing. What are the costs, required inputs, and anticipated outreach of these groups? How does replication take place? How sustainable are the groups? Is it feasible to integrate financial and non-financial services? Are linkages to the formal system desirable? What is the impact of groups on members and their households? How can performance be managed? This book addresses issues, not from the perspective of the financial institution, but in support of group members and savers who are managing their own financial services.

To find out more please go to http://developmentbookshop.com/savings-groups-at-the-frontier.html

Some comments about the book:

'This well written book skilfully balances the thrill of witnessing an exciting new movement emerge with a sober assessment of the challenges it faces.'
Stuart Rutherford OBE, founder of SafeSave, author of The Poor and their Money

`This excellent book gathers together what we now know about savings groups and shows that savings groups offer a very powerful way for the poor to help themselves and each other.'
Chris Dunford, Director of The Evidence Project at Freedom from Hunger

`Nelson and friends provide a refreshing view of a niche in the microfinance industry where saving, rather than lending, is featured.'
Dale W. Adams, Professor Emeritus, The Ohio State University

`This book shows us what should have been the beginning of microfinance.'
Malcolm Harper, Emeritus Professor of Enterprise Development, Cranfield University, UK

'This is a useful guide about an approach that is reaching people in more remote and rural areas who have little or no access to financial services.'
Ann J. Miles, Director of Microfinance, The MasterCard Foundation

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