A Village Savings and Loan Association (VSLA) is a group of 10 – 25 people who save money together and take small loans from those savings. This is a well-established system in which Village Agents (members of the community) are trained to support group members.
Born Free has trained 14 Village Agents in Amboseli and 10 staff in Meru, helping 55 groups establish themselves. Our investment ends with community agent training, the provision of lockboxes and books and initial stipends. From here, the agent and community carry out the work themselves, creating sustainable groups that no longer need any support from Born Free.
So far, the groups have accumulated large savings, benefitting well over 1,131 people and their families. These have been used to pay school and medical fees, as well as provide loans for new businesses (e.g. purchasing fuel to sell in remote villages). The interest from these loans (which all members share) is helping group members to improve their houses, purchase gas stoves (reducing their reliance on fire wood collection and the negative health implications of burning wood in a confined space) and reduce their reliance on livestock and other activities that are being impacted by climate change, habitat loss and local population changes – helping to create more resilient communities and reducing the reliance on natural resources such as pasture and wood.