<<
>>

To Conclude

In Mali, recall that personal wealth is defined as more food and more animals. Villages where Saving for Change was introduced were less likely to be chronically food insecure and their families increased the value of their livestock and savings.

The impact evaluation also indicated that substan­tial numbers of the poorest—those who were in the bot­tom third in terms of food consumption—had joined groups in substantial numbers, although those who were better off were more likely to join. Reaching the poorest was one of the objectives of the program. Although the evidence for wom­en’s empowerment was inconclusive, and RCT data showed no impact on community engagement or social networks, the anthropologists identified a strengthening of preexist­ing social ties. Finally, there was strong evidence of the viral,

How Do We Know It Works? 133 word-of-mouth replication of savings groups in the control villages, further evidence of the relevance and importance of participation in savings groups for members.

In addition to the results from the scientific-impact eval­uation conducted by IPA and BARA, the anecdotal observa­tions offered by Mamadou Biteye, Fatoumata Traore, and Roanne Edwards indicate further change in at least some older groups, and their stories help provide a glimpse of the powerful ways that savings groups in Mali have been able to empower women in rural communities to pursue develop­ment on their own terms.

<< | >>
Source: Ashe Jeffrey, Neilan Kyla J. In Their Own Hands: How Savings Groups Are Revolutionizing Development. Berrett-Koehler Publishers,2014. — 220 p.. 2014
More financial literature on Economics.Studio

More on the topic To Conclude: