New paper: the multiple roles of community savings in addressing urban poverty
A new paper on savings has just been posted on the Zunia website. Entitled “Capital, capacities and collaboration: the multiple roles of community savings in addressing urban poverty”, this forms part of the Human Settlements Working Paper Series by the International Institute for Environment and Development (iied). By Diana Mitlin, David Satterthwaite and Sheridan Bartlett, the paper includes a series of short boxes on examples of various savings initiatives around the world, including Slum/Shack Dwellers International, the Poor Peoples’ Movement in South Africa, Zimbabwe’s Gungano Fund, a savings group in Kasungu Town in Malawi which mobilized to acquire land and secure tenure. An interesting section explores the integration of community savings with financial markets and how this has been realized in specific cases. The paper offers a useful conceptual framework for understanding the variety in community savings initiatives around the world and how these experiences might be applied in specific contexts to enhance local financial capacity.