M4 Revolving credit groups

Micro Enterprise
  • The advantage of groups using this system of revolving credit is that no outside help is needed. They are simple to run and can often be added to the ongoing work of a group such as Mother’s Union, a farmers’ group, a health committee etc.
  • However they will provide only small amounts of credit. How can such groups encourage saving in order to provide larger amounts of credit?

Discussion 
  • What existing groups are already established locally where revolving credit could be introduced?
  • Encourage participants with experience in revolving credit to discuss both the good and bad points they have experienced.
  • How can the work of revolving credit groups be expanded? What might the dangers be?