The New Microsavings: Community-Driven Lending

While microfinancial institutions in developing countries tend to fail without outside volunteers, microsavings groups owned and organized by the communities that use them are on the rise.

In Their Own Hands
Jeffrey Ashe describes how he developed Saving for Change, a microsavings program that leverages the wisdom and strength of group members to train and establish new savings groups, in "In Their Own Hands," bypassing the subsidies, dependency and high costs of other microfinance programs.
Cover courtesy Berrett-Koehler Publishers, Inc.