FAROF

Saving lives one at a time

Formation of Community Based Savings Group

A pilot savings group was formed following the workshop on savings group that was conducted for the care givers and community members. A group of 25 members formed the savings group. Thereafter election was conducted to elect the management committee. The various positions for which they were elected for includes; Chairman, Secretary, Treasurer, key holders 1,2&3, money counter 1&2, and box keeper.
The election was conducted using the secret ballot system.
At the end of the 9 month savings period, a successful share out was carried out, which gave birth to the formation of additional 9 VSLA through partnership.