Thursday 11 November 2021

Formation of The Village Savings and Loan Association (VSLA) In A Community

 At JDPC Issele-Uku, social transformation and the well being of our people are part of our highly placed priority. Here is the meeting of one of our formed Village Savings and Loans Associations (VSLAs) At their weekly meeting. This is part of our implementation of our 4GATES OVC Project, in partnership with Caritas Nigeria and under the sponsorship of the US Center for Disease Control.

VSLA formation assists to provide simple savings and loan facilities to the people, in a community that does not have access to formal financial services. The loans can also provide a form of self-insurance to members, supplemented by a social fund which provides small but important grants to members in distress.


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