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Savings clubs

A short introductory discussion

2005 Available in English, French, Portuguese and Spanish

Pillars magazines on a desk

From: Pillars guides

Practical, discussion-based learning on community development for small groups

  • Savings clubs may encourage members to save a small amount of money regularly to use for a special purpose. Members may all save for the same event, such as making a visit together or establishing an income-generating project. Members may also save individually, for example for a wedding or for Christmas celebrations.
  • Simple savings clubs depend on an honest and reliable Treasurer.
  • Where would be good places to demonstrate the best way to wash hands?

Discussion 

  • Discuss how establishing a savings club could be added to the regular activities of any group.
  • What experiences do members have with savings clubs? Have these been positive or difficult experiences?
  • How should the funds of a savings club be looked after?
Illustration of a man and a woman climbing off a bus while holding lots of boxes

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